Robinhood Adds $25 Million in Bitcoin (BTC) to Its Balance Sheet

Robinhood Books First Direct BTC Purchase

Robinhood bought $25 million worth of Bitcoin (BTC) for its corporate balance sheet, the brokerage's first direct purchase of the asset. Johann Kerbrat, the firm's senior vice president and general manager for crypto and international, disclosed the buy earlier today while attending Token2049 in Singapore. The position puts Robinhood on the list of companies holding BTC outright, though it sits far from the scale of a strategic Bitcoin reserve. Kerbrat framed the purchase as a way to align the company with the crypto community and played down its size, saying the stake will not change the firm's current trajectory. Robinhood carries a market value near $100 billion, so the $25 million position amounts to roughly 0.025% of the company. No purchase date, average cost or coin count was disclosed. The Bitcoin (BTC) price stood at $83,607 at last check, down 3.1% over the past 24 hours, per COINOTAG's live monitoring.

The buy looks modest next to the coins Robinhood already holds for clients. On-chain data from Arkham shows about 185,232 Bitcoin (BTC), valued near $15.57 billion, held in custody on the platform, so customer holdings outweigh the corporate stake several hundred times over. Strategy's latest accumulation also dwarfs it: Michael Saylor's firm added 334 BTC for about $28.7 million between Sept. 28 and Oct. 4 at an average cost of $85,838.80, lifting total holdings to 848,000 BTC, one week of buying that exceeded the entire Robinhood position. Corporate accumulation has widened across the Bitcoin treasury trend this year. HOOD, Robinhood's listed shares, closed at $112 on Tuesday, down 1.85%. The move lands after Bitcoin briefly fell below $84,000 on Oct. 6, when long liquidations across crypto climbed to $487 million, a flush in line with the recent pattern of a liquidation flush as leverage rebuilds. Repeat purchases on a set schedule, or buys tied to crypto revenue, would place the firm in a different category from a one-off HODL-style stake.

A Reversal From November's Caution

The purchase marks a turn from the company's own posture late last year. At its third-quarter 2025 earnings briefing in November, Robinhood treated corporate Bitcoin (BTC) ownership with caution: finance and strategy chief Shiv Verma acknowledged the community-alignment benefit but questioned whether a balance-sheet allocation was the best use of capital, and the company said it would keep studying the idea. Eleven months later the first buy went through. The shift lands alongside a broader crypto build-out. Robinhood Chain, the layer 2 network built on Arbitrum technology, launched its mainnet in July and held $1.05 billion in total value locked as of Tuesday, Oct. 6. Tokenized equities trade around the clock through Stock Tokens for eligible users, and the Robinhood Wallet serves more than 120 countries and regions. Kerbrat pointed to the platform's 28 million funded accounts, 27 million of them in the United States, as distribution few layer 2 networks can match.

Perps Rollout and a $384 Billion Platform

The balance-sheet buy arrives amid accelerating trading activity. Company disclosures show August notional digital asset volume of $17.5 billion, up 61% from July, with the Robinhood app at $7.4 billion, up 72%, and Bitstamp at $10.1 billion, up 53%. Total platform assets reached $384 billion in the same period. The heavier crypto commitments sit on the product side: last week the company said eligible U.S. customers will gain access to perpetual futures on BTC, ETH, SOL, XRP, DOGE, ADA, LINK and HYPE in the coming months, with profit and loss settled every 15 minutes and no expiry. Chief executive Vlad Tenev described the plan as a new chapter for U.S. derivatives in a post on X. Unlike spot trading, perps carry leverage, which places the rollout in a different risk class from the brokerage's existing crypto products. In a separate interview last week, Kerbrat said Stock Token volume already presses against the caps set under the SEC's innovation exemption for tokenized U.S. equities.

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