✉news BusinessCrypto first seen 20 h ago, last 20 h ago, peak #30
Robinhood buys $25 million of Bitcoin for its balance sheet
Original: Robinhood adds Bitcoin to balance sheet with $25 million purchase
Robinhood has purchased $25 million worth of Bitcoin to hold on its corporate balance sheet, joining a growing list of public companies adding cryptocurrency to their reserves. The move signals the trading platform's deepening commitment to digital assets and could fuel debate about whether more financial firms will follow with similar treasury allocations.
Why now: A major retail trading platform putting Bitcoin on its own balance sheet signals growing corporate adoption of crypto.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1349881