Robinhood (HOOD) adds bitcoin (BTC) worth $25 million to its balance sheet

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Crypto News

The move puts Robinhood among a growing cohort of public companies holding BTC as a treasury asset. Nasdaq-listed Strategy MSTR$159.69·Market Closed started this trend in 2020 and now its followed by more than 170 firms worldwide. Current corporate holders include names such as Tesla, Block, MARA Holdings, CleanSpark, and Riot Platforms, which together account for […]

Bitcoin Could Appear on 25% of S&P 500 Balance Sheets by 2030, Analyst Says

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Crypto News

Bitcoin is making its way from trading desks to corporate treasuries, and by the end of the decade, it could be standard practice, according to one analyst. “Across all the different strategies and implementations, I anticipate that by 2030, a quarter of the S&P 500 will have BTC somewhere on their balance sheets as a […]