Robinhood has added about $25 million worth of Bitcoin to its balance sheet as the trading platform continues to expand its crypto business.
Johann Kerbrat, Robinhood’s senior vice president and general manager of crypto and international, said the purchase is mainly about showing the company’s commitment to Bitcoin and the wider crypto community.
“We care deeply about bitcoin and the ecosystem around it,” Kerbrat said. He added that the move is meant to bring Robinhood’s company and its long-term vision closer to the crypto market.
The $25 million Bitcoin position is relatively small compared with Robinhood’s overall size. The company has a market value of around $100 billion, so the purchase is not expected to have a major impact on its financial performance.
Still, the move puts Robinhood’s own corporate capital behind Bitcoin as crypto becomes a bigger part of its business.
Robinhood reported $17.5 billion in crypto trading volume during August, up 61% from $10.9 billion in July. Bitstamp handled about $10.1 billion of that volume, while another $7.4 billion came through Robinhood’s main app.
The company had 28.6 million funded customers and about $384 billion in total platform assets at the end of August.
Robinhood is also expanding beyond regular spot crypto trading. The company is preparing to offer perpetual futures to eligible U.S. customers for assets including Bitcoin, Ether, Solana, XRP, Dogecoin, Cardano, Chainlink and Hyperliquid.
Bitcoin and Ether perpetual contracts are expected to offer up to 10x leverage, while the other assets will have leverage of up to 3x.
The products are expected to be offered through Robinhood Derivatives using infrastructure from Bitstamp, the crypto exchange Robinhood acquired in 2025. Trading fees are set at 0.01% through the end of 2026.
Robinhood CEO Vlad Tenev described the planned contracts as the first “true perps” for U.S. customers. The contracts will not have an expiration date, with profits and losses settled every 15 minutes.
The company is also expanding its tokenized stock business. Robinhood has said trading activity in its stock tokens is approaching limits under the SEC’s five-year innovation exemption for tokenized equities.
Kerbrat said the company plans to add voting rights and in-kind redemptions to its stock tokens while expanding support for more U.S. stocks and ETFs.
Another major part of Robinhood’s strategy is Robinhood Chain, an Ethereum Layer 2 network built using Arbitrum technology.
The public mainnet launched on July 1 alongside tokenized stocks and decentralized perpetual futures. Eligible users in more than 120 countries can access tokenized equities through Robinhood Wallet and supported decentralized exchanges.
Robinhood Chain processed about $570 million in trading volume during its first week, despite having only around $21.68 million in liquidity. Memecoin trading made up a large portion of the early activity.
The network later recorded millions of daily transactions and had processed more than $12 billion in decentralized exchange volume and over 150 million transactions by late July, according to Bernstein.
Kerbrat said Robinhood has around 27 million funded accounts in the U.S. and another 1 million internationally, giving Robinhood Chain access to a large potential user base.
Robinhood is entering the corporate Bitcoin market with a much smaller position than companies that have made Bitcoin a major part of their balance sheets.
Strategy recently purchased another 334 BTC for about $28.7 million between Sept. 28 and Oct. 4. The company paid an average of $85,838.80 per Bitcoin, bringing its total holdings to 848,000 BTC.
Other companies have taken different approaches. Sequans Communications sold its remaining 314 BTC in September as it used Bitcoin sales to reduce convertible debt, effectively ending its Bitcoin treasury strategy.
Bitcoin was trading near $84,000 on Wednesday as higher oil prices, Treasury yields and a stronger U.S. dollar put pressure on the crypto market.
More than $403 million in leveraged long positions were liquidated within one hour during the selloff. At the same time, Brent crude moved above $101.
Bitcoin’s next major levels remain around $82,000 on the downside and $87,500 on the upside. Analysts have said BTC needs stronger spot buying and sustained institutional demand to move above resistance and maintain a broader recovery.
For now, Robinhood’s Bitcoin purchase is relatively small compared with its overall business, but it shows how the company is increasingly putting its own capital and infrastructure behind the growth of crypto.
