Robinhood Buys $25 Million in Bitcoin as Stock Closes at $112

TLDR Robinhood has added $25 million worth of bitcoin to its corporate balance sheet. Crypto chief Johann Kerbrat said the purchase shows the company’s commitment to the crypto community. The bitcoin is separate from nearly $25 billion in crypto that Robinhood holds for customers. Robinhood plans to launch perpetual futures for eligible U.S. users in [...]

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