Robinhood Shakes Up Corporate Strategy: Bitcoin Treasury Review Underway
Robinhood makes a power play—evaluating Bitcoin's role in its corporate treasury as Wall Street scrambles to keep up with crypto's relentless rise.
The move signals a growing institutional embrace of digital assets, even as traditional finance clings to its spreadsheets.
Will this spark a domino effect? Watch the suits follow—once they finish calculating their 'risk-adjusted returns.'
Robinhood Markets has not yet decided whether to buy and hold cryptocurrencies such as Bitcoin as part of its corporate assets. The discussion remains ongoing within the company, said Shiv Verma, Robinhood’s vice president of finance and strategy, during the firm’s third-quarter earnings call on Wednesday.
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