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Robinhood adds $25 million of Bitcoin to its balance sheet

Original: So, why did @RobinhoodApp add $25M of Bitcoin to its balance sheet? @JohannKerbrat joined me on The Starting Block to br

Robinhood has added $25 million worth of Bitcoin to its corporate balance sheet. Johann Kerbrat, the company's crypto chief, discussed the move while in Singapore, saying the firm is 'committed to the space' and 'cares deeply about Bitcoin'. The news has drawn attention from crypto watchers as Robinhood deepens its digital asset strategy.

Why now: A major retail trading platform adding Bitcoin to its balance sheet signals growing institutional adoption of crypto.

RobinhoodJohann KerbratBitcoinSingaporeThe Block

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• So, why did @RobinhoodApp add $25M of Bitcoin to its balance sheet? @JohannKerbrat joined me on The Starting Block to break the news in Singapore. "Robinhood is committed to the space and we care deeply about Bitcoin." Another @TheBlockCo exclusive on TSB. · gazza_jenks · 18

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