Bitcoin treasury plan
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Robinhood keeps Bitcoin treasury option on the table
Yahoo Finance· 2025-11-06 17:44
Core Insights - Robinhood Markets is considering a Bitcoin treasury plan, which involves holding Bitcoin on its balance sheet similar to traditional assets like cash [1] - The company has a strong history of exceeding analyst expectations in earnings and revenue [3] - During the earnings call on November 5, CEO Vlad Tenev outlined a 10-year revenue plan aiming for over 50% of revenue to come from non-U.S. markets and institutional segments [4][5] Company Overview - Robinhood launched in 2015 as a commission-free trading app and expanded to include crypto and options trading in 2018, going public in 2021 [2] - The company achieved inclusion in the S&P 500 index in 2025 [2] Financial Performance - For the third quarter, Robinhood reported adjusted earnings per share (EPS) of $0.61, surpassing the estimated $0.53, and record revenue of $1.274 billion, exceeding the estimated $1.21 billion [6] Market Developments - The prediction markets segment is experiencing significant growth, with over 1,000 live contracts available across various domains [6][7] - The company is expanding its presence in the UK and EU, aiming to establish a leading global financial ecosystem [5] Leadership Changes - Robinhood appointed Shiv Verma as the new CFO, succeeding Jason Warnick [8]