Top Line

Apple CEO Tim Cook revealed on Tuesday that he personally owns cryptocurrencies and has been interested in “for some time”, but dismissed rumors that his company could hit new record highs for bitcoin and ethereum prices. It is targeting crypto as an investment once it has arrived.

important facts

- Advertisement -

Cook said in a recorded interview the new York Timesdealbook the seminar That he sees crypto as “fair to self” within a “diversified portfolio”.

His investment in crypto is strictly with his own money, Cook said, adding that Apple did not buy the cryptocurrency and he does not believe shareholders are interested in the company in doing so.

Bitcoin and Ethereum—the two most popular forms of cryptocurrency—both hit new record highs on Tuesday morning, with the price of bitcoin above $68,000 and Ethereum above $4,800 for the first time.

- Advertisement -