Breaking: Crypto Holder Tim Cook Resigns as Apple CEO
News Breaking By Alex Dovbnya Mon, 20/04/2026 - 20:33 After 15 years at the helm, the crypto-owning executive will become Executive Chairman, passing the torch to hardware veteran John Ternus. Advertisement
Apple has announced today that Tim Cook will step down from his role as CEO to become Executive Chairman of the board, starting from Sept. 1.
AdvertisementJohn Ternus, Apple’s current Senior Vice President of Hardware Engineering, has been named as his successor.
Tim Cook oversaw Apple’s rise from a $350 billion valuation in 2011 to a staggering $4 trillion powerhouse, turning the company into a juggernaut.
As reported by U.Today, Cook confirmed that he personally held crypto back in 2021, calling it "reasonable" to own digital assets for diversification purposes.
AdvertisementHowever, Apple itself never integrated a native crypto wallet or launched its own coin under its leadership.
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