Today, at the New York Times DealBook Online Summit, CEO of Apple Tim Cook stated his personal opinions about owning crypto.
“I think it’s reasonable to own it as part of a diversified portfolio,” he said.
The CEO also confirmed that he personally owns crypto, though explicitly stated that this is not investment advice but his personal opinions in regards to his own portfolio.
Furthermore, the company Apple does not have any holdings in crypto, nor does Apple have any plans to join the countless companies that have already added crypto to their portfolio.
However, “there are other things that we are definitely looking at,” said Cook.
Cook’s comments are just the latest in crypto’s entrance into the mainstream. And given his position at the head of the world’s second most valuable company, many in the business world are watching closely.
The shift to cryptocurrencies among traditional financiers could be attributed to the effects of the ongoing COVID-19 pandemic, lar
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