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Online brokerage Robinhood Markets (NASDAQ: $HOOD) has added $25 million U.S. of Bitcoin (CRYPTO: $BTC) to its bala...
Robinhood added $25 million of Bitcoin to its corporate treasury, its first proprietary BTC holding, SVP Johann Kerbrat announced in Singapore on Oct 7.
Robinhood is adding Bitcoin to its balance sheet for diversification after previously weighing it against product and engineering spending.