Apple is a well-known American multinational corporation with a strong focus on computer equipment and internet services. Apple’s CEO Joins the Cryptocurrency The firm is famous for its cutting-edge innovations, which it uses to achieve out to people worldwide.
Tim Cook, Apple’s CEO, has publicly stated his interest in cutting-edge technology as well as his cryptocurrency holdings. He talked regarding his virtual currency holdings at the NYT Deal book Conference on Tuesday.
Cook discussed his thoughts on the burgeoning cryptocurrency & digital markets during the conversation, which was fascinating. Furthermore, Cook was quite astute in not disclosing his crypto assets, but it was healthy value for him to do so. Now that Cook has made his disclosure, the whole crypto world is speculating on which cryptocurrency assets he has invested in and how much he currently owns.
Apple’s CEO Joins the Cryptocurrency
Cook made digital bets after studying the cryptocurrency industry and new technologies. As a result, Cook has joined the ranks of multinational company CEOs who have already invested in cryptocurrency. As a result, the cryptocurrency sector can be happy that it attracts large whales, including Elon Musk, Paul Tudor Jones, and Michael Saylor, among others. Aside from them, many worldwide enterprises are interested in joining the crypto community with burgeoning curiosity. As a result, the crypto industry is maturing, and the crypto market value has reached a new all-time high of $3.4 trillion over the last week.
Furthermore, Cook kept the facts of the digital currencies a secret until the very end. He just stated that owning cryptocurrencies as parts of a diverse portfolio would be appropriate. In addition, the CEO says that he is not urging anyone to invest in digital currencies because it is a personal decision.
In addition, the CEO comments ,
“Apple will not directly purchase crypto with corporate funds as an investment. Because people will not buy Apple stock to get crypto exposures.”
As a result, the enthusiasm of these high-ranking CEOs in crypto and blockchain technology will provide a new source of energy for the whole crypto sector. It’s noteworthy because many people, organizations, and governments are standing forward to invest in cryptocurrency.