Apple CEO also Cryptocurrency Speculation! Tim Cook: personal choice, Apple has no BTC plan for now

Recently, Tim Cook, CEO of Apple ($AAPL), revealed in an interview that he has held BTC for about three years, but this is only for the diversification of his personal investment portfolio, and does not represent the company's position or investment advice.

Will Apple accept BTC payments?

Cook said that Apple has not incorporated Crypto Assets into its payment system plans, nor does it have a digital asset reserve; Cook emphasized that the reason people buy Apple stock ($AAPL) is not to indirectly invest in Crypto Assets, indicating that he believes Crypto Asset investment should be a personal choice.

Despite tech giants like TSL (TSLA) accepting BTC as a means of payment and holding $1.5 billion worth of BTC in its treasury, Apple has no plans to follow suit.

Include BTC for a more efficient investment portfolio!

Large companies or professional investors like COOK who have BTC in their portfolios are increasing. According to a study by BlackRock, allocating 1%, 3%, or 5% of BTC can result in higher returns for portfolios over different time periods such as 1 year, 2 years, 5 years, and 10 years. Specifically, the annualized return rate of a portfolio with 5% BTC is 19.1%, significantly surpassing the 11% return rate of traditional portfolios.

In addition, BlackRock also focused on the importance of long-term holding of BTC. The report shows that the minimum return rate of BTC in the past 4 years reached 137%, indicating that long-term holding of BTC can achieve significant returns in a highly volatile market; even if held for only 3 years, BTC still has a positive return rate. This data shows that compared to short-term trading, BTC is more suitable for long-term holding.

MicroStrategy aggressively increase the position by 2 billion USD!

MicroStrategy is one of the large enterprises that indeed executes a long-term BTC holding plan. According to the official press release released on the evening of the 11th, MicroStrategy purchased about 27,200 BTC with $2.03 billion in cash between October 31 and November 10, with an average purchase price of $74,463. Currently, the company and its subsidiaries hold a total of 279,420 BTC, with an average cost of approximately $42,692.

With the strong support of MicroStrategy and BlackRock, Bitcoin has gradually become an indispensable asset in investment portfolios. As large enterprises and professional investors increasingly recognize its long-term potential, the allocation of Bitcoin not only provides diversified options for investment portfolios but also enhances returns. This also means that encryption assets are gradually gaining recognition in the mainstream market.

[Disclaimer] The market is risky, and investment needs to be cautious. This article does not constitute investment advice. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at your own risk.

'Apple CEO also Cryptocurrency Speculation! Tim Cook: personal choice, Apple has no BTC plan for now' This article was first published in 'encryption city'