Cook confirmed he personally owns bitcoin and is interested in it, adding that he had been researching it “for a while.”
- Tim Cook confirmed in an interview today he owns bitcoin and is interested in it.
- “I think it’s reasonable to own it as part of a diversified portfolio,” he said.
- The Apple big boss reiterated, however, that his interest was from a “personal point of view” rather than a corporate one.
Apple CEO Tim Cook confirmed in an interview on November 9 that he personally owns bitcoin after he was asked the question at the DealBook conference.
“I do. I think it’s reasonable to own it as part of a diversified portfolio,” Cook said. “I’m not giving anyone investment advice by the way.”
Cook added that he had been interested in Bitcoin and cryptocurrency “for a while,” and that he had been researching it. The Apple big boss reiterated, however, that his interest is purely from a “personal point of view” and the company currently has no plans to jump on the Bitcoin bandwagon.
“I wouldn’t go invest in crypto, not because I wouldn’t invest my own money, but because I don’t think people buy Apple stock to get exposure to crypto,” Cook said, referring to how he wouldn’t invest his company’s treasury into his personal interest in Bitcoin.
Cook was also asked if he could be labeled as a Bitcoin bull. He dodged, saying he wouldn’t like to put a label on it, but that Bitcoin is certainly something he is interested in.
As far as adding Bitcoin services to Apple products or accepting BTC as payment, Cook also said it’s “not something we have immediate plans to do.”
In October, Apple co-founder Steve Wozniak showed to be a more Bitcoin bull than Cook, saying that “Bitcoin is mathematical purity” and “there can never be another Bitcoin created.” Wozniak also drew parallels between the “artificial” U.S. dollar and the “mathematically pure” Bitcoin.