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Robinhood Bought Bitcoin for Its Own Balance Sheet, Then Fell Back Below $100 Billion

Source: 247wallst.com

Crypto & Digital AssetsCompany FundamentalsMarket Technicals & Flows
Robinhood Bought Bitcoin for Its Own Balance Sheet, Then Fell Back Below $100 Billion

Robinhood bought Bitcoin for its own treasury on the same morning its stock lost more than $2 billion in market value. The report gives no purchase amount or evidence that the Bitcoin purchase caused the selloff.

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