【Robinhood CEO: The issue of establishing BTC reserves has been discussed internally】Robinhood CEO Vladimir Tenev said in an interview on Anthony Pompliano's podcast that the issue of holding BTC has been discussed internally, but the company does not have plans to maintain BTC reserves. He said, 'We do not rule out this possibility. So far, we have not done so, and we are not in the investment management business.'
The CEO continued to say that although Robinhood did not follow the footsteps of companies like MicroStrategy and Tesla in adding BTC to its balance sheet, the company's stock price has been highly correlated with BTC even before we included BTC in our inventory. Robinhood stock (stock code: HOOD) has risen 202% this year, while BTC has a year-to-date return of 110%.
Robinhood CEO: The issue of establishing BTC reserves has been discussed internally.
【Robinhood CEO: The issue of establishing BTC reserves has been discussed internally】Robinhood CEO Vladimir Tenev said in an interview on Anthony Pompliano's podcast that the issue of holding BTC has been discussed internally, but the company does not have plans to maintain BTC reserves. He said, 'We do not rule out this possibility. So far, we have not done so, and we are not in the investment management business.' The CEO continued to say that although Robinhood did not follow the footsteps of companies like MicroStrategy and Tesla in adding BTC to its balance sheet, the company's stock price has been highly correlated with BTC even before we included BTC in our inventory. Robinhood stock (stock code: HOOD) has risen 202% this year, while BTC has a year-to-date return of 110%.