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✉news BusinessCrypto first seen 19 h ago, last 21 min ago, peak #9

Robinhood adds $25 million of bitcoin to its balance sheet

Robinhood has purchased $25 million worth of bitcoin for its corporate balance sheet, the company announced. The move places the trading platform among a small group of public companies holding bitcoin directly, following the example set by firms like MicroStrategy and, more recently, several other companies adopting digital asset treasury strategies.

Why now: Companies adding bitcoin to corporate treasuries is a trending strategy in the current crypto market environment

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