Odaily Planet Daily News 🌟 Robinhood CEO Vladimir Tenev revealed in a recent interview that although Robinhood has a growing interest in cryptocurrencies, there are currently no plans to use Bitcoin as an investment tool. Tenev stated that the idea of holding Bitcoin occasionally arises, but the company primarily holds a small amount of Bitcoin to meet customer trading needs.
Although Robinhood has not followed in the footsteps of MicroStrategy and Tesla by adding Bitcoin to its balance sheet, its stock price has risen by 202% this year, in stark contrast to Bitcoin's 110% return rate 📈. Tenev believes that if Bitcoin is used for investment, it could lead investors to have complex views on the company's strategy.