Today news
About the same in other media
Tim Cook says he bought crypto, but rejects Apple adding it to its portfolio… for now
Reading now: 585
Apple chief executive officer Tim Cook said he owns some crypto as "part of a diversified portfolio," but is not planning for the tech company to follow Tesla’s example by investing in Bitcoin or other tokens.
Speaking at the New York Times’ DealBook Online Summit on Nov. 9, Cook said he would not use the company’s roughly $200 billion in cash on hand to invest in cryptocurrencies. He also did not intend to accept crypto as a means of a payment for Apple products “in the immediate future.”
“It’s not something we have immediate plans to do,” said Cook. “I don’t think people buy Apple stock to get exposure to crypto. If they want to do that they can invest directly in crypto through other means.”
However, the Apple CEO — personally worth more
Read more on cointelegraph.comAbout this in other media
Elrond joins the DeFi league, but might it be another trend event ambcrypto.com /2 years ago
Vitalik Buterin Revealed as Top-10 Holder of Moon Rabbit’s $AAA Coin cryptonews.com /2 years ago
A ‘Brave’ new crypto-wallet debuts; pushes Solana into the picture ambcrypto.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
