Robinhood adds $25M in Bitcoin to balance sheet, calls it ‘asset diversification’
Fintech and blockchain large Robinhood has joined the Technique-led Bitcoin treasury development. On Wednesday, the agency added $25M in Bitcoin to its steadiness sheet, marking the primary time it has purchased a separate stash from customers’ funds.
Talking on the agency’s reasoning behind the transfer, Johann Kerbrat, SVP and GM at Robinhood, mentioned,
We consider firmly in the way forward for crypto and examine this as a strategic transfer for our total asset diversification.
This makes Robinhood the 199th public firm to embrace Bitcoin for company treasury diversification. Presently, this group, led by Technique, holds 1.279M of BTC, value about $105B at present market worth.
That is barely under the 1.499M BTC stash held by ETF and different funding funds (purple). It stays to be seen whether or not Robinhood will go aggressive on Bitcoin [BTC] as Technique or undertake a extra average acquisition method.
That mentioned, the agency’s exec famous that they “consider in the way forward for crypto,” and up to date integrations and expansions additionally reiterate this perception.
Robinhood Chain crosses $1B in TVL and $32M in month-to-month income
A few of Robinhood’s crypto bets are already paying out. It rolled out prediction markets in late 2024 and scaled them in 2025 and 2026 to cowl politics, sports activities, and earnings report outcomes. This phase alone generated $260M in income for Robinhood in Q1 and Q2 2026.
The fintech has additionally doubled down on tokenized securities (inventory tokens) and perpetual Futures (perps) throughout commodities, ETFs, and international exchanges.
In July 2026, it upped the crypto bets and debuted its Ethereum L2, Robinhood Chain. In simply three months, the L2 has crossed $1B in TVL (complete worth locked), and the chain income hit a month-to-month file of $32.3M in September.
Surprisingly, Robinhood Chain appears to be succeeding in a crowded L2 ecosystem that has seen different gamers like Blast and Pudgy Penguins-backed Summary exit.
Merely put, fintech’s crypto bets are more and more changing into aggressive and essential income streams. It’s not clear whether or not these constructive developments will enhance HOOD, the agency’s inventory.
Even so, Wall Road analysts’ consensus is constructive, with a bullish goal of $133 for the inventory. Particularly, Barclays and Financial institution of America projected that the inventory may surge to $132 and $156, respectively, implying a 22.5% and 38% upside potential. It’s at the moment buying and selling at $109.5.
Closing Abstract
- Robinhood has joined Technique within the Bitcoin treasury play with an preliminary $25M BTC buy.
- The fintech’s crypto bets have begun paying out, with its L2 chain income hitting a file $32M in September.
