Apple CEO Tim Cook Reveals That He Owns Crypto
Now since Bitcoin and other cryptocurrencies have reached fresh highs, the issue has become more popular. For a long time, companies and entrepreneurs have been enthusiastic about Bitcoin, and now more CEOs are following suit.
The CEO of Apple, Tim Cook, recently revealed his cryptocurrency holdings. Cook was questioned by CNBC’s Andrew Ross Sorkin if he held any Bitcoins or Ether, to which he replied that he did. Cook, it appears, did not get Bitcoin fever overnight and had also been following the marketplace for some time.
Although he didn’t go into depth, that was enough to get the Bitcoin community’s attention. Tyler Winklevoss, the Bitcoin billionaire, has already been thinking, ‘When Doge?’
Entrepreneurs and corporations alike are showing interest in meme coins. Elon Musk, a fellow tech tycoon, has backed Dogecoin and lately disclosed it is the only meme coin he holds. In addition to Bitcoin and Ethereum, Elon Musk owns a crypto portfolio.
Mark Cuban, a renowned tech entrepreneur, is a Dogecoin supporter who prefers the meme coin to Bitcoin as a means of commerce. Bitcoin’s greatest use case, according to Cuban, is as a measure of wealth, comparable to gold.
Cook’s crypto revelation may not come as a big surprise. Apple has indeed been noted to post job vacancies for crypto-related positions, such as crypto software engineers, on job sites.
In addition, Amazon, the world’s largest e-commerce company, maybe gradually move closer to cryptocurrency acceptance. Amazon Web Services is looking for a digital asset expert that will work with businesses that deal in tokens like cryptocurrencies, CBDCs, and NFTs.
Apple should delve further into the Bitcoin rabbit hole, according to the CEO of MicroStrategy, Michael Saylor. Cook’s business would’ve been apparently worth at least a trillion dollars to its stockholders if it added Bitcoin compatibility to the iPhone and converted its financial statement to BTC, as MicroStrategy has managed. While MicroStrategy’s plan worked, shareholders shouldn’t hold their breath for Apple to fall into line.