Robinhood CEO: The company only holds coins for business needs, with no intention to purchase Bitcoin as an investment.

According to Foresight News and reported by The Block, Robinhood CEO Vladimir Tenev stated during his appearance on Anthony Pompliano's podcast that the company has discussed the issue of holding Bitcoin internally, but aside from holding some tokens as part of the service to meet customer trading demands, the company has no plans to hold it. He believes that if Robinhood holds Bitcoin for investment purposes, it could complicate investors' perceptions of the company, potentially leading them to view it as a 'quasi-Bitcoin holding game.'