Robinhood buys $25 million of bitcoin for its corporate balance sheet

Johann Kerbrat, Robinhood's senior vice president and general manager of crypto and international, disclosed on October 7, 2026 that the company bought about $25 million of bitcoin to hold on its own balance sheet. The purchase is separate from the crypto Robinhood holds in custody for customers. Kerbrat said the stake was meant to signal commitment to the crypto sector and would not change the company's trajectory.

• About $25 million of bitcoin added to the corporate balance sheet
• Exact bitcoin quantity not disclosed by Robinhood; press estimates are roughly 290 to 300 BTC
• Position is separate from roughly $25 billion of customer crypto held in custody
• Kerbrat described the stake as small relative to a market value near $100 billion