Robinhood adds $25m of Bitcoin to its balance sheet
The brokerage disclosed a $25m Bitcoin allocation on 7 October, with its crypto chief calling it a diversification move and Arkham describing it as the firm's first corporate Bitcoin purchase.
Why it matters: The disclosure shows a listed US brokerage putting its own treasury into Bitcoin, a step beyond the crypto trading services it already offers customers.
Key points
- Robinhood allocated $25m of Bitcoin to its corporate balance sheet, disclosed on 7 October.
- Johann Kerbrat, senior vice president of crypto and international, said the firm believes firmly in crypto's future.
- The sum is about 0.46% of Robinhood's $5.4bn in second-quarter cash and cash equivalents.
Robinhood has added $25m of Bitcoin to its corporate balance sheet, a move the brokerage's crypto chief described as diversification. Blockchain analytics platform Arkham separately called it Robinhood's first corporate Bitcoin purchase in a post the same day.
The position is small next to Robinhood's other holdings. Arkham's dashboard of addresses attributed to the company shows about $24.4bn across tracked assets, a broader figure than the new investment. The $25m equals roughly 0.46% of the $5.4bn in cash and cash equivalents Robinhood reported for 30 June. Quarterly net revenue was $1.31bn, while crypto trading revenue fell 38% year on year to $100m. Holding Bitcoin directly exposes part of the firm's assets to price swings.
The purchase follows a wider push into digital assets. Robinhood completed its $200m acquisition of crypto exchange Bitstamp on 2 June 2025, adding an institutional business and international reach. It launched Robinhood Chain and stock tokens on 1 July, offering economic exposure to underlying securities without ownership rights. At a 29 September product event it set out automated trading tools and US crypto perpetual futures, offered with Bitstamp and carrying leverage of up to 10 times for Bitcoin and ethereum.
Live updates on NewsFeeds:BitcoinDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)
How this was produced: an AI model wrote this summary of Bitcoin.com News’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.
Not investment advice. Read the risk disclaimer.