Robinhood Bought Bitcoin for Its Own Balance Sheet, Then Fell Back Below $100 Billion
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Robinhood disclosed a Bitcoin purchase for its corporate balance sheet as its market capitalization slipped below $100 billion, underscoring growing corporate exposure to BTC. Separately, Sui’s Hashi Bitcoin-collateral network reportedly lined up more than $500 million ahead of mainnet, signaling efforts to expand Bitcoin’s use in decentralized finance. Together, the reports point to continued institutional and ecosystem interest in Bitcoin, though the Sui figure reflects planned collateral, not necessarily deployed capital.
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