Robinhood adds bitcoin worth $25 million to its balance sheet
Bullish-13.90%
7 Oct, 08:53
Source: CoinDesk
AI Summary
Robinhood's $25 million Bitcoin treasury addition highlights growing corporate adoption and provides a bullish catalyst for both the brokerage's stock and spot Bitcoin demand.
Robinhood has added bitcoin worth $25 million to its balance sheet, senior vice president and general manager of crypto and international, told the Starting Block Wednesday.