Robinhood has added $25 million worth of Bitcoin to its balance sheet as part of its strategy to deepen ties with the crypto community. This purchase supports its growing crypto business, which includes trading, tokenized stocks, derivatives, and its Ethereum Layer 2 network called Robinhood Chain. The company is also expanding into perpetual futures and enhancing its crypto infrastructure through acquisitions like Bitstamp. While the Bitcoin holding is relatively small compared to Robinhood's $100 billion market cap, it signals a commitment to crypto as a core part of its business moving forward.
Robinhood's $25 million Bitcoin purchase adds to its $100 billion market cap context. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 07, 2026 16:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell. Notable movers include ZIL (Zilliqa) down 7.58% at Rp60 with a typical hold time of 133 days and 72% buy order activity, THETA (Theta Network) down 7.39% at Rp3,948 with 100% sell order activity, and SUSHI (SushiSwap) down 7.34% at Rp4,246 with 65% sell order activity.
Binance experienced its largest weekly Bitcoin outflow since June 2023, with 23,137 BTC withdrawn over seven days ending Sept. 27. This reduced Binance's Bitcoin reserves from about 704,800 BTC to 663,100 BTC, a drop of nearly 40,000 BTC. Despite thi...
Group 1 Automotive, a major automotive retailer with 249 dealerships in the U.S. and U.K., will release its financial results for the third quarter ending September 30, 2026, on October 28 before the market opens. The company's CEO and senior managem...
On October 7, 2026, Bitcoin's price fell below $84,000 following a flash crash that liquidated over $400 million in long positions. Despite this, Tom Lee of Fundstrat declared at Token2049 in Singapore that the crypto market is "2 days past the botto...
As of September 15, Injective's native token INJ had a total supply of 122,895,808 tokens, with 58,037,697 tokens (about 47.2%) bonded to validators. This bonding supports network security and operations on Injective's layer-1 blockchain, which focus...
Jupiter Lend has overtaken Kamino to become the largest lending protocol on the Solana network, reaching $2.6 billion in deposits and $1.08 billion in loans as of October 6, 2026. This growth was driven by a 28.1% monthly increase in deposits, mainly...
