👀 ROBINHOOD ADDS $25M OF BITCOIN TO ITS BALANCE SHEET

Robinhood has added $25 million worth of Bitcoin to its corporate balance sheet, marking its first disclosed proprietary BTC purchase.

Johann Kerbrat, Robinhood’s senior vice president and general manager of crypto and international, said the move is intended to signal the company’s commitment to Bitcoin and the broader crypto ecosystem.

The purchase is modest relative to Robinhood’s roughly $100 billion market value, suggesting the move is more about strategic alignment than a major treasury allocation.

Robinhood has been expanding deeper into crypto through derivatives, tokenization and blockchain infrastructure.

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