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๐Ÿšจ ROBINHOOD JUST ADDED $25 MILLION OF #BITCOIN TO ITS BALANCE SHEET ๐Ÿš€ The publicly traded financial platform is officially holding Bitcoin with its own corporate capital. Robinhood SVP Johann Kerbrat confirmed the company added $25 million worth of BTC to its balance sheet as it continues expanding deeper into Bitcoin and crypto. Why? โ€œWe care deeply about bitcoin and the ecosystem around it.โ€ Kerbrat says the move is about โ€œaligning our company and our vision with the crypto community.โ€ And there's an important distinction here: This isn't customer Bitcoin held by Robinhood. This is Bitcoin owned by Robinhood itself. ๐Ÿ‘€ The allocation comes as the company continues expanding its crypto business, including new trading products and Robinhood Chain. Robinhood now has more than 28 million funded accounts and $369 billion in total platform assets. In other words ๐Ÿ‘‰ One of America's largest retail investing platforms has moved from simply giving customers access to Bitcoin to p...
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