Robinhood accumulates $3B of Bitcoin in 3 months — What does this mean for markets?

by Aurelia Butler 26 August 2023, 22:40 169 Views

While its identity has now been attributed to Robinhood (NASDAQ:HOOD), questions still linger, as the financial giant has neither confirmed nor denied that it owns the address. Some on-chain analysts posit that the stash actually belongs to MicroStrategy, the U.S. business intelligence and analytics software firm, which holds 152,800 BTC, as per their recent submission to the U.S. Securities and Exchange Commission.

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Source: Cryptocurrency - investing.com

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Robinhood accumulates $3B of Bitcoin in 3 months — What does this mean for markets?

JPMorgan forecasts limited downside for crypto markets: Report

Sam Bankman-Fried’s lawyers push for temporary release, object to prosecutors’ proposed deal

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