Will Robinhood Start a Bitcoin Treasury? Firm Says It's Weighing 'Pros and Cons'
Trading app Robinhood is weighing whether to put Bitcoin on its balance sheet, the company's Senior Vice President of Finance and Strategy Shiv Verma said. Speaking Wednesday following its quarterly earnings call, Verma said that buying Bitcoin and other cryptocurrencies with spare cash has both "pros and cons" potentially aligning it with its crypto-buying customers but requiring capital that might be better served elsewhere. "We've spent a lot of time thinking about [buying digital assets]," Verma sai ...