Benzinga Asks: What Cryptocurrency Does Apple CEO Tim Cook Own? Here's What You Said

The CEO of one of the largest companies in the world announced he owns some cryptocurrencies but didn’t say which one or ones he owns. Benzinga took to Twitter Inc TWTR to poll our followers.

What Happened: Apple Inc AAPL CEO Tim Cook shared his thoughts on cryptocurrency in an interview with Andrew Ross Sorkin at the DealBook Conference.

“I’ve been invested in it for a while,” Cook said when asked if he owned any cryptocurrency.

Cook was asked if he owned any cryptocurrency, specifically Bitcoin BTC/USD or Ethereum ETH/USD.

“I think it’s reasonable to own it as part of a diversified portfolio,” Cook said of cryptocurrency.

Some cryptocurrency fans and investors might not love the comments Cook made about whether or not Apple will buy cryptocurrency.

“I wouldn’t go invest in crypto, no because I wouldn’t invest my own money, but because I don’t think people buy Apple stock to get exposure to crypto.”

Cook also shared Apple does not have immediate plans to accept cryptocurrencies such as Bitcoin for products like Apple Pay.

Related Link: 5 Things You Might Not Know About Apple CEO Tim Cook 

Benzinga Poll: Cook said he owned cryptocurrency but didn’t mention which one or ones he holds. This prompted Benzinga to poll our Twitter followers to see which cryptocurrency he owns the most.

“Which do you think he owns the most of?” Benzinga asked with Bitcoin, Ethereum, Dogecoin DOGE/USD and Shiba Inu SHIB/USD as the possible options.

Over 39,000 people voted and the results are as follows:

  • Shiba Inu: 64.5%
  • Bitcoin: 21.9%
  • Ethereum: 8.5%
  • Dogecoin: 5.1%

Popular cryptocurrency Shiba Inu won the poll and also made up the majority of response tweets to the original poll.

Bitcoin came in second place with 21.9% of the vote.

Price Action, At Publication Friday:

AAPL trades at $149.72

SHIB trades at $0.00005235.

BTC trades at $63,140.12.

ETH trades at $4,567.29.

DOGE trades at $0.2547.

Photo: Courtesy Apple

 

 

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsTop StoriesMarketsAndrew Ross SorkinBenzinga twitter pollBitcoinDealBook ConferenceDogedogecoinEthereumShiba InuShiba Inu coinTim Cook
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...