TechFlow reported on December 24 that, according to The Block, Robinhood CEO Vladimir Tenev said in an interview published Monday that the company has no plans to hold bitcoin for investment purposes.
Tenev said that while the idea of holding bitcoin "comes up from time to time," given Robinhood's growing interest in cryptocurrency, the company has no plans to do so beyond holding some bitcoin as part of its business serving customer trading needs.
"We don't rule out the possibility," Tenev said in the interview. "We just haven't done it so far."
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