- Apple CEO Tim Cook reveals he’s been holding Bitcoin for the past three years.
- Given the timeline, Cook is likely holding significant gains.
- He has not revealed just how much worth of BTC he is holding.
Apple CEO, Tim Cook, discloses the fact that he has been holding Bitcoin (BTC) for three years. This is an incredibly bullish signs for the pioneer crypto asset as well as for the greater crypto market as it shows how technology leaders are slowly adopting crypto investing much like financial institutions.
Apple CEO Tim Cook’s BTC Holdings
Along with Tim Cook, tech titan Elon Musk and his company Tesla also have Bitcoin (BTC) holdings. However, Tim Cook makes it extremely clear that his Bitcoin holdings are his personal investments and are not a part of Apple’s holdings. So far, Apple has yet to join the crypto bandwagon.
Whilst Apple has not taken crypto in as its corporate strategy, the tech entity has been known to have collaborated indirectly with blockchain and crypto projects. One of the most bullish news is its assistance in Japan’s My Number Card integration, a crypto-powered functionality that will be integrated into Apple iPhones.
Apple Yet to Enter Crypto Investment Market
Another big figure in the global sphere has also recently revealed his crypto holdings of $7.1 million and this figure is US President-elect Donald J. Trump. The majority of his holdings including over $5 million are Ethereum (ETH). While Tim Cook hasn’t disclosed exactly how much Bitcoin (BTC) he holds he’s still very eager to see the success of his own investment strategy.
With Bitcoin having had recently set a new ATH just below $100,000 and given the timeline of Cook’s BTC purchase, the Apple CEO must be holding despite significant gains in his crypto investment. With BTC preparing to hit $100,000 Tim Cook’s investment could surpass Trump’s ETH investment depending on the number of BTC he holds.
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