Tim Cook Reveals He Owns Cryptocurrency and Has Been 'Interested in It For a While'

Apple CEO Tim Cook publicly for the first time today revealed that he has personally invested in cryptocurrency and that he's been interested in it "for a while."

tim cook apple park
The comments came during Cook's appearance at The New York Times "DealBook" summit, where Cook was questioned on privacy, sideloading, and more.

Answering whether he owns any cryptocurrency, Cook replied, "I do," adding that "it's reasonable to own it as a part of a diversified portfolio. I'm not giving anybody investment advice, by the way." Cook said that Apple has no "immediate" plans to accept cryptocurrency as a means of payment for its products or within Apple Pay.

Despite the company's lack of "immediate" plans to get involved in the world of cryptocurrency, Cook did say that it's something Apple is "looking into." Cook said that Apple has no plans to invest in cryptocurrency given his belief that "people [don't] buy Apple stock to get exposure to crypto. So if they want to do that, they can you know, invest directly in crypto through other means."

Speaking on the growing popularity of NFTs, Cook says it too is also "interesting" but that it will "take a while to play out in a way that is for the mainstream person."

Top Rated Comments

Nozuka Avatar
4 weeks ago
Ever had a hot iPhone or weirdly fast depleting battery?
That's Tim secrectly using your device for crypto mining. ;)
Score: 17 Votes (Like | Disagree)
Reason077 Avatar
4 weeks ago
I'm hearing that he's betting big on DOGE.
Score: 16 Votes (Like | Disagree)
TheYayAreaLiving ? Avatar
4 weeks ago

New Apple token available in 2022, Apple token pro coming 2023!
Or Apple crypto… Apple crypto pro and Apple crypto pro max?
Score: 13 Votes (Like | Disagree)
GrumpyMom Avatar
4 weeks ago
Hmm…isn’t Cryptocurrency bad for the environment? Energy hogging or something?

I have one Doge coin I collected for the Shiba Inu on it. I feel much wealthy. Very money. ?
Score: 10 Votes (Like | Disagree)
tomnavratil Avatar
4 weeks ago
New Apple token available in 2022, Apple token pro coming 2023!
Score: 8 Votes (Like | Disagree)
LogicalApex Avatar
4 weeks ago
Why wouldn’t he be? Crypto has a high rate of return right now and with his sandbags of money he can weather any losses.
Score: 7 Votes (Like | Disagree)

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