Robinhood (NASDAQ: HOOD) executives say the corporate continues to be debating whether or not so as to add Bitcoin (BTC) to its company treasury, whilst crypto-related revenues soar.
Talking on Robinhood’s third-quarter 2025 earnings name Wednesday, CEO Vlad Tenev stated Robinhood has spent “a whole lot of time” evaluating the potential transfer. He emphasised that including Bitcoin to the steadiness sheet would each sign alignment with the crypto group and tie up capital.
“If you happen to put it [Bitcoin] in your steadiness sheet, it has the positives in that you just’re aligned with the group, however it does take up capital,” Tenev stated.
“Are we making that call for them? Is it one of the best use of our capital?” Tenev later stated. “I feel the quick reply is we’re nonetheless fascinated by it.”
Treasurer Shiv Verma echoed that sentiment, noting that whereas Robinhood repeatedly debates the concept, the agency hasn’t reached a conclusion.
“We spend a whole lot of time fascinated by this [and] have this debate consistently,” Verma stated. “We’ll preserve actively taking a look at it.”
The dialogue comes as Robinhood’s crypto revenues surged 339% year-over-year, reaching $268 million in Q3. Cryptocurrency buying and selling accounted for about 20% of the corporate’s whole earnings in the course of the quarter, pushed by what CFO Jason Warnick referred to as a “good step-up in crypto volumes.”
Tenev additionally outlined Robinhood’s broader digital asset ambitions, together with plans to broaden its tokenized inventory program. “The place it actually begins to get fascinating is part two and part three,” he stated, referring to potential secondary buying and selling on Bitstamp and eventual integration with DeFi platforms.
Bitcoin as a company reserve technique
Bitcoin is rising as a reserve asset technique amongst private and non-private firms in search of safety from foreign money debasement and inflation.
Following the playbook popularized by Technique, Japan-based Metaplanet has grow to be some of the aggressive adopters in Asia, utilizing debt financing to build up Bitcoin as a core treasury holding.
Metaplanet lately tapped a $100 million mortgage to broaden its Bitcoin reserves, framing the transfer as a long-term financial hedge quite than a speculative guess.
The corporate now holds 1000’s of BTC on its steadiness sheet and describes its strategy as “a company response to a weakening yen and world financial instability.”
Earlier this week, Technique introduced the acquisition of 397 bitcoin for roughly $45.6 million at a mean worth of $114,771 per Bitcoin. The announcement comes as Bitcoin’s worth has been risky, briefly dipping beneath $100,000.
