ROBINHOOD PUTS BITCOIN ON ITS OWN BALANCE SHEET

Robinhood has bought $25 million of bitcoin for its corporate balance sheet, its first proprietary $BTC holding, crypto chief Johann Kerbrat told The Block on Wednesday. At around $84,000 per coin, that's roughly 300 BTC. Kerbrat framed it as a signal, not a treasury strategy: "We care deeply about bitcoin and the ecosystem around it," adding that $25 million "is not going to change a lot" for a company worth about $100 billion. $HOOD is trading at $112, down 1.8% on the day.