Robinhood Puts $25 Million of Bitcoin on Its Corporate Balance Sheet
Robinhood's crypto chief said the trading platform added $25 million of bitcoin to its own balance sheet, held separately from the crypto it keeps for customers.
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Why it matters
The allocation is small against a company with a market capitalization of roughly $100 billion, and Robinhood's own executive said so. It does put a listed brokerage's corporate capital behind bitcoin alongside a broader expansion, even as the same filings showed crypto trading revenue down 38% year over year to $100 million in the second quarter.
Where the sources disagree
Dates of Strategy's bitcoin purchase
$25 million
CoinDesk
$28.7 million
Unchained
Crypto.News dates Strategy's 334 BTC purchase between September 28 and October 4, while Unchained dates it between October 1 and October 4.
Where Kerbrat made the disclosure
The Starting Block broadcast at Digital Asset Summit Asia
CoinDesk, Crypto.News
Told The Block
Unchained
CoinDesk says the disclosure came on The Starting Block broadcast at the Digital Asset Summit Asia conference, while Unchained attributes the remarks to Kerbrat telling The Block.
Whether Robinhood had confirmed the purchase
Company had not confirmed the purchase
CoinDesk
Kerbrat confirmed it on X
Bitcoin.com News
CoinDesk reported the company had not confirmed the purchase, while Bitcoin.com reported that Kerbrat confirmed it in an X post on October 7.
Figures that do not reconcile
Found by comparing the numbers in the reports automatically. They are differences, not yet confirmed to be about the same thing.
size of the holdings
$25 million
Crypto.News
$28.7 million
Unchained
Crypto.News reports $25 million, Unchained reports $28.7 million (13% apart).
size of the holdings
$28.7 million
Unchained
$25 million
NewsBTC
Unchained reports $28.7 million, NewsBTC reports $25 million (13% apart).
reported value
$28.7 million
Crypto.News
$25 Million
Crypto News (CryptoNews.net)
Crypto.News reports $28.7 million, Crypto News (CryptoNews.net) reports $25 Million (13% apart).
size of the holdings
$28.7 million
Unchained
$25 million
Bitcoin.com News
Unchained reports $28.7 million, Bitcoin.com News reports $25 million (13% apart).
Key facts
Robinhood added $25 million worth of bitcoin to its own corporate balance sheet, held separately from customer crypto.
25,000,000 USDDisputed figureReported by CoinDesk
Johann Kerbrat, Robinhood's senior vice president and general manager of crypto and international, disclosed the $25 million purchase during an interview on The Starting Block broadcast at the Digital Asset Summit Asia conference.
25,000,000 USDDisputed figureReported by CoinDesk
Kerbrat confirmed the allocation in an X post, calling it a strategic move for overall asset diversification.
25,000,000 USDReported by Bitcoin.com News
Kerbrat said the purchase was meant to align the company with bitcoin and the ecosystem around it.
Reported by CoinDesk
Kerbrat put Robinhood's market capitalization in the $100 billion range and said the $25 million holding will not change the company's trajectory.
25,000,000 USDDisputed figureReported by CoinDesk
Blockchain analytics platform Arkham said the transaction was Robinhood's first corporate bitcoin purchase.
25,000,000 USDReported by Bitcoin.com News
CoinDesk said Robinhood had not confirmed the purchase and reported that its press team did not answer questions about further purchases of bitcoin or other tokens.
Disputed figureReported by CoinDesk
Robinhood's Nasdaq-listed shares closed 1.85% lower at $112 on Tuesday, the day before the disclosure.
1.85 %Reported by Crypto.News
What happened
Johann Kerbrat, Robinhood's senior vice president and general manager of crypto and international, said the company has added $25 million worth of bitcoin to its corporate balance sheet, separate from the bitcoin it holds on behalf of customers. The disclosure came during an interview on The Starting Block broadcast at the Digital Asset Summit Asia conference, and Kerbrat repeated it in a post on X, describing the allocation as a strategic move for overall asset diversification and a statement of belief in the future of crypto. He called the amount small next to Robinhood's market capitalization of around $100 billion and said it will not change the trajectory of the company. Blockchain analytics platform Arkham characterised the transaction as Robinhood's first corporate bitcoin purchase, while CoinDesk reported that Robinhood had not confirmed the purchase and that its press team did not respond to questions about further acquisitions. The purchase sits alongside a wider build-out: a $200 million acquisition of exchange operator Bitstamp completed on June 2, 2025, the launch of the public Robinhood Chain mainnet, and perpetual futures for eligible U.S. customers announced on September 29.
How the story developed
- Official statement
Robinhood announces U.S. perpetual futures through Bitstamp
The company said eligible U.S. customers would get access in the coming months, with bitcoin and ether contracts among the listed assets.
- First report
First report by Bitcoin Insider
Robinhood Details U.S. Crypto Perpetuals as Access Rolls Out to Eligible Customers
- Update
Kerbrat discloses the bitcoin purchase at Digital Asset Summit Asia
The senior vice president and general manager of crypto and international said Robinhood had added $25 million of bitcoin to its balance sheet.
- Official statement
Kerbrat posts the allocation on X
In an X post on October 7 he described the purchase as a strategic move for overall asset diversification.
- Update
Arkham labels it Robinhood's first bitcoin purchase
The analytics platform posted on October 7 that Robinhood had bought $25M of bitcoin to add to its corporate balance sheet.
- Update
CoinDesk reports no comment from Robinhood's press team
CoinDesk said the company had not confirmed the purchase and did not answer a query about plans to acquire more bitcoin or other tokens.
- Independent corroboration
Independently corroborated by CoinDesk
Robinhood adds bitcoin worth $25 million to its balance sheet
- Official statement
Official statement from Bitcoin.com News
Robinhood Puts $25M Into Bitcoin, Citing Belief in Crypto’s Future
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 5 Oct 2026, 21:30 UTC: Bitcoin Insider — 1 independent source, 1 reports
- 7 Oct 2026, 08:53 UTC: CoinDesk — 2 independent sources, 2 reports
- 7 Oct 2026, 09:15 UTC: Crypto.News — 3 independent sources, 3 reports
- 7 Oct 2026, 10:04 UTC: Unchained — 4 independent sources, 4 reports
- 7 Oct 2026, 17:00 UTC: NewsBTC — 5 independent sources, 5 reports
- 8 Oct 2026, 01:30 UTC: Bitcoin.com News, official — 6 independent sources, 6 reports
- 8 Oct 2026, 08:49 UTC: Bitcoin Insider — 7 independent sources, 8 reports
- 9 Oct 2026, 06:02 UTC: CoinGape — 8 independent sources, 10 reports
Affected entities
Also mentioned: Chainlink, Nasdaq, Arbitrum, XRP, BNB, Cardano, Uniswap
Original sources
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