Wednesday, October 7, 2026
Privacy-First Edition
Back to NNN
Business

Robinhood Markets Adds $25 Million Of Bitcoin To Its Balance Sheet

Via CryptoProwl

Robinhood Markets Adds $25 Million Of Bitcoin To Its Balance Sheet Editorial Staff Wed, October 7, 2026 at 9:46 AM EDT 1 min read BTC-USD -4.03% HOOD -3.07% HOOD35566-USD -3.95% MSTR -5.45% TSLA -1.19% Trade BTC on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Online brokerage Robinhood Markets (NASDAQ: $HOOD) has added $25 million U.S. of Bitcoin (CRYPTO: $BTC) to its balance sheet.

The company, which offers stock and crypto trading through a popular app, said it added Bitcoin to its corporate balance sheet to demonstrate that it cares about the cryptocurrency ecosystem.

Robinhood is one of several U.S. companies that is holding Bitcoin as a treasury asset. By some estimates, there are now 170 companies worldwide that have BTC on their balance sheet.

U.S. Regulators Push Crypto Rules As Clarity Act Stalls

Deutsche Bank To Offer Crypto Custody For Institutions

Robinhood To Offer Share Redemptions And Voting Rights On Tokenized Stocks

Stablecoin Yield Ban Would Boost Bank Lending by Just 0.02%: White House

Other corporate holders of Bitcoin include electric vehicle maker Tesla (NASDAQ: $TSLA) and financial technology company Block (NYSE: $XYZ).

Strategy (NASDAQ: $MSTR), led by Chairman Michael Saylor, remains the biggest corporate owner of Bitcoin with holdings that are currently worth about $64 billion U.S.

Robinhood, which has over 28 million funded accounts worldwide, is not new to cryptocurrencies such as Bitcoin.

In July of this year, the company launched Robinhood Chain, an Ethereum Layer-2 network aimed at tokenized real‑world assets and decentralized finance.

HOOD stock has declined 25% over the last 12 months to trade at $108.50 U.S. per share.

Read original at Yahoo Finance News

The Perspectives

0 verified voices · Three viewpoints · Real discourse

Left
0
Be the first to share a left perspective
Center
0
Be the first to share a center perspective
Right
0
Be the first to share a right perspective

Related Stories