Robinhood Weighs Adding Cryptocurrencies to Corporate Balance Sheet
Robinhood Markets remains undecided on whether to include cryptocurrencies like Bitcoin among its corporate assets. The conversation is still ongoing within the company, according to Shiv Verma, Robinhood’s vice president of finance and strategy, who spoke during the firm’s third-quarter earnings call on Wednesday.
Verma explained that Robinhood is actively assessing both the potential advantages and risks of holding crypto as part of its balance sheet. “While it creates alignment with the community, it also locks up capital,” Verma said. He questioned whether allocating resources to digital assets would be the best use of funds, especially as the company is focused on product expansion, engineering investment, and long-term growth.
Shareholders Can Already Access Crypto
Verma highlighted that Robinhood customers and shareholders already have the ability to purchase cryptocurrencies directly on the platform. “Our shareholders can buy Bitcoin through Robinhood themselves,” he noted, suggesting that the company may not need to invest in crypto assets on their behalf.
He added that the internal debate over holding crypto remains active and the team continues to make a careful assessment of both the risks and rewards. “There are pros and cons, and we’re still thinking about it,” Verma said.
Growing Crypto Treasury Competition
Across Wall Street, several companies have adopted a crypto treasury model by holding digital assets as part of their reserves. This approach has attracted billions in investments and boosted share prices for many firms. However, analysts warn that the space could face increased competition as more companies pursue similar strategies. To stay ahead, some organizations may need to take greater risks or consider consolidating through acquisitions.
Strong Quarter Led by Crypto Trading
Robinhood’s ongoing debate over crypto holdings comes during a strong performance for its trading business. In the third quarter, the company’s revenue rose to $1.27 billion, doubling from the same period last year. A major driver of this growth was a 300% increase in crypto-related revenue, which reached $268 million in the quarter.
https://thecryptobasic.com/2025/11/06/robinhood-reviews-bitcoin-holdings-as-part-of-corporate-treasury/
