Robinhood Puts $25 Million Of Bitcoin On Its Own Balance Sheet
TL;DR: Robinhood has added $25 million value of Bitcoin to its company steadiness sheet, marking its first proprietary BTC holding separate from buyer belongings. The quantity is small relative to Robinhood’s roughly $100 billion valuation, however the firm says that’s partly the purpose: the acquisition is meant as a sign of alignment with Bitcoin and…