Robinhood Adds $25M in Bitcoin to Corporate Balance Sheet
- —Robinhood bought $25 million in Bitcoin for its corporate treasury
- —Purchase date, average price and coin count were not disclosed
- —The position is separate from customer crypto services and custody
- —Details may surface in the next 10-Q or 8-K filing
Why it matters: Public brokerages increasingly hold Bitcoin on their own books, tying their equity more closely to BTC price swings.
Source: Coincu