✉news BusinessCrypto first seen 12 h ago, last 11 min ago, peak #10
Robinhood Adds $25 Million Of Bitcoin To Its Balance Sheet
Original: Robinhood Markets Adds $25 Million Of Bitcoin To Its Balance Sheet
Robinhood Markets has purchased $25 million worth of Bitcoin for its corporate treasury, according to Yahoo Finance. The move makes the brokerage one of a growing number of listed companies holding cryptocurrency directly on their balance sheets, alongside its existing crypto trading business. Details on timing, custody or broader treasury strategy have not been disclosed, and the company has not commented further on the purchase.
Why now: Companies adding Bitcoin to their treasuries draws attention as a signal of institutional crypto adoption, especially from a brokerage that sells crypto trading itself.
Rank over time, top of the chart is #1. 10 snapshots from 12 h ago to 11 min ago.
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