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Robinhood CEO Vlad Tenev On Making A Michael Saylor-Like Move On Bitcoin: 'Still Thinking About It'

From finance.yahoo.com

Robinhood CEO Vlad Tenev said on Wednesday that the company is still evaluating whether to include Bitcoin in its corporate treasury, weighing the potential pros and cons. During the company’s third-quarter earnings call, Tenev said that Robinhood has devoted considerable time to pondering this move. He highlighted that such a step would require alignment from the community. “If you put it [Bitcoin] on your balance sheet, it has the positives in that you're aligned with the community, but it does take up capital,” Tenev said, adding that such a decision could have both “pros and cons.” He highlighted that Robinhood’s ... (full story)

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