Robinhood’s $25 million Bitcoin purchase signals a deeper crypto push

Robinhood has put real money behind its crypto ambitions. The trading platform added $25 million worth of Bitcoin to its own balance sheet. The Robinhood Bitcoin purchase lands as the firm pushes deeper into derivatives, tokenized stocks and its own blockchain network.

Key takeaways

• Robinhood added $25 million in Bitcoin to its corporate balance sheet.
• Crypto chief Johann Kerbrat called the buy a way to align the company with the crypto community.
• Bitcoin traded near $84,000, with $82,000 as a key support level and $87,500 as resistance.
• Strategy added 334 BTC for about $28.7 million, pushing its total holdings to 848,000 BTC.
• Robinhood’s Nasdaq shares closed at $112, giving it a market cap near $100 billion.

Robinhood’s $25 Million Bitcoin Purchase and Strategic Intent

The Bitcoin purchase was framed by the company as more symbolic than speculative. Crypto chief Johann Kerbrat said the $25 million position is relatively small given Robinhood’s overall size. “We care deeply about bitcoin and the ecosystem around it,” Kerbrat told crypto media. “For us, it’s more aligning our company and our vision with the crypto community.”

The purchase landed as Bitcoin traded near $84,000 on Wednesday. Analysts have been watching $82,000 as an important support level, while a move back above $87,500 could reopen the path toward the top of Bitcoin’s October trading range.

Expansion of Robinhood’s Crypto Offerings

The Bitcoin buy sits alongside a broader push into crypto derivatives and tokenized assets. Eligible U.S. users will soon be able to access perpetual futures on Robinhood, spanning Bitcoin, Ether, Solana, XRP, Dogecoin, Cardano, Chainlink and Hyperliquid, with the Bitcoin and Ether contracts set to offer leverage of up to 10x and the other six assets capped at 3x.

Trading fees on the new perpetual futures are set at 0.01% through the end of 2026. CEO Vlad Tenev has described the planned product as the first “true perps” for U.S. customers, with no expiry date and profit and loss settled every 15 minutes.

Robinhood’s tokenized stock trading is also approaching the limits set under the U.S. Securities and Exchange Commission’s five-year innovation exemption for tokenized equities. According to Kerbrat, the firm intends to introduce voting rights and in-kind redemption features for its stock tokens, alongside efforts to expand coverage to additional U.S. stocks and exchange-traded funds.

Blockchain Infrastructure and Bitstamp Acquisition

The company acquired crypto exchange Bitstamp in 2025, and Robinhood Derivatives will run its new perpetual futures products using that acquired infrastructure.

In addition to Bitstamp, Robinhood developed its own blockchain, Robinhood Chain, an Ethereum Layer 2 solution powered by Arbitrum technology, whose public mainnet went live on July 1, introducing tokenized stocks and decentralized perpetual futures to the network. Users who qualify across over 120 countries can now trade tokenized equities via Robinhood Wallet on supported decentralized exchanges.

Corporate Bitcoin Market and Trading Metrics

Robinhood’s purchase is modest next to the holdings of dedicated corporate Bitcoin buyers. Between Sept. 28 and Oct. 4, Strategy acquired an additional 334 BTC at an average price of $85,838.80 each, spending about $28.7 million and bringing its total bitcoin stash to 848,000 BTC. This purchase came after an earlier acquisition of 1,665 BTC worth $142.7 million in the week ending Sept. 27, part of which was funded by selling MSTR common stock.

Robinhood’s own crypto business has been growing quickly on the trading side. In August, the company’s crypto notional trading volume reached $17.5 billion, marking a 61% increase from July’s $10.9 billion. Its Nasdaq-listed shares closed at $112, putting its market capitalization close to $100 billion.

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.