Will Apple convert part of its balance sheet to Bitcoin in 2021?
Market Rules
Bitcoin's price surge in 2020 got the attention of market observers, agents, and regulators. So much so that Tesla transferred 1.5 billion USD of the company's balance sheet to Bitcoin in February 2021. Other companies might follow Tesla's steps, especially within the big tech sector.
If part of Apple's balance sheet is converted to Bitcoin before the end of 2021, this market will be resolved as "Yes".
To satisfy the criteria for resolving this market as "Yes", Bitcoin must be detailed as an asset or investment item in the consolidated financial statements or the cash flow of Apple's annual company report of 2021, filed to the US Securities and Exchange Commission as Form 10-K. Alternatively, Futuur will also consider the criteria to be fulfilled if Apple's CEO Tim Cook himself confirms the company put part of its balance in Bitcoin.