Robinhood CEO Vladimir Tenev said in an interview with Anthony Pompliano's podcast that the company has discussed the issue of holding BTC internally, but the company has no plans to maintain BTC reserves. He said: "We don't rule out that possibility. So far, we haven't done that, we're not in the investment management business." The CEO further stated that although Robinhood has not followed the footsteps of companies like MicroStrategy and Tesla to include BTC on its balance sheet, the company's stock price "has been highly correlated with BTC even without us putting BTC on our balance sheet." Robinhood stock (ticker: HOOD) has risen 202% this year, while BTC has returned 110% so far this year.
Robinhood CEO: The company has discussed establishing Bitcoin reserves
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