Robinhood (HOOD) Adds Bitcoin (BTC) Worth $25 Million to Its Balance Sheet

Robinhood Puts $25 Million of Bitcoin on Its Balance Sheet, Executive Says

Senior vice president Johann Kerbrat said the purchase is meant to align the brokerage with the crypto community and is small relative to the company's size.

Robinhood (HOOD) adds bitcoin (BTC) worth $25 million to its balance sheet

Robinhood has added bitcoin worth $25 million to its balance sheet, senior vice president and general manager of crypto and international, told the Starting Block Wednesday.

Robinhood Buys $25 Million in Bitcoin as Stock Closes at $112

TLDR Robinhood has added $25 million worth of bitcoin to its corporate balance sheet. Crypto chief Johann Kerbrat said the purchase shows the company’s commitment to the crypto community. The bitcoin is separate from nearly $25 billion in crypto that Robinhood holds for customers. Robinhood plans to launch perpetual futures for eligible U.S. users in [...]

Robinhood adds $25 million worth of bitcoin to balance sheet as it deepens crypto push

Robinhood SVP Johann Kerbrat says the purchase was intended to signal the company's commitment to the crypto sector.