Tim Cook claims he bought crypto but denies Apple adding it to its portfolio… at least for now

Apple is currently second in market capital behind Microsoft. Cook’s personal wealth exceeds $1 billion.
Apple chief executive officer Tim Cook stated that he has some crypto in his “diversified portfolio” but does not intend to use it to invest in other tokens. Cook also stated that he did not plan to accept cryptocurrency as a payment method for Apple products in the “immediate future.” “I don’t believe people buy Apple stock to be exposed to crypto. They can also invest in crypto via other channels if they wish. However, Apple CEO Steve Jobs — who is worth more than $1billion — stated that he owns some crypto when asked about crypto investing. It’s something I’ve been doing research on. I find it interesting.” Cook’s statement may surprise many in the crypto space as the CEO of one of the most powerful companies in the world, despite not taking a public position on digital assets. AssetDash data shows that Apple is currently second in value behind Microsoft with a market cap of more than $2.4billion. Related: Will Apple adopt Bitcoin after Tesla? Elon Musk, a major tech CEO, has not been shy about expressing his opinions on crypto. Musk may have contributed to the volatility of the crypto asset, as well as Dogecoin’s (DOGE), due to his social media posts as well as his business decisions at Tesla. In response to a Twitter poll, he sold 10% off his Tesla stock this week.

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