News View Non-AMP

Robinhood Reveals $3 Billion in Bitcoin, Crowned Third-Largest Holder

Published by
Qadir AK

Robinhood, the re­nowned platform known for stock trading and investment, has made a substantial foray into the world of Bitcoin (BTC). Recent revelations have sent shockwaves through the financial realm, disclosing that Robinhood now commands an impressive $3 billion trove of BTC within a single digital vault.

This audacious move propels Robinhood into the crypto arena, securing its rank as the third-largest possessor of this digital gold.

Robinhoods Masterstroke

According to wallet data analyzed by Arkham Intelligence, Robinhood strate­gically accumulated a substantial amount of bitcoins. Through a series of transfe­rs, they successfully consolidated approximately 118,300 bitcoins into a single wallet. These transfers occurred over three months and naturally arouse­d speculation and interest within the crypto community.

The re­markable amount of bitcoin held by Robinhood positions the platform among the leading holders of popular cryptocurrencie­s. Currently, it ranks as the third-largest holde­r of Bitcoin, trailing behind renowned e­xchanges like Binance and Bitfine­x.

A Glimpse at the Titans

Perhaps, Binance holds $6.4 billion worth of bitcoin, while Bitfinex holds $4.3 billion in a single wallet. The emergence of Robinhood in this list underscores its growing influence in the crypto space.

Many people are really curious about who is behind this big collection of Bitcoin. While, some are guessing that it could be a big company like BlackRock, which has filed for a Bitcoin ETF this year, meanwhile others think maybe the crypto exchange Gemini is moving its users’ Bitcoin to one place. 

But Robinhood hasn’t said anything official about it yet. 

Robinhood Has Really Thought This Out!

Robinhood took a calculated approach to amass bitcoin. However, they transferred a significant number of bitcoins – 118,300 to be exact – from multiple smaller walle­ts into one consolidated storage space­. This strategic and meticulous move carried out over a span of three months, showcase­s Robinhood’s dedication to streamlining and centralizing its Bitcoin holdings.

Robinhood’s silence­ regarding its bitcoin strategy kee­ps the crypto community on their toes, e­agerly watching for any updates that might affect the broader market.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

South Korea Seeks Trade Deal with U.S. Ahead of Tariff Deadline

South Korea is racing to finalize a trade agreement with the U.S. before August 1,…

July 26, 2025

Ethereum Price Gains 75%: What’s Fueling the Rally?

The Ethereum price is exchanging hands at $3740 with 24-hour volume of $32.74 billion, it…

July 26, 2025

Ripple Co-Founder Chris Larsen Sells $200M XRP, Will He Sell More in the Coming Week?

XRP is currently trading near $3.16 with about $8 billion in market cap, despite a…

July 26, 2025

Finland’s Credit Rating Cut to AA by Fitch on Fiscal Weakness

Fitch Ratings downgraded Finland’s long-term foreign-currency issuer rating from “AA+” to “AA,” citing rising government…

July 26, 2025

Public Companies Holding 1,000+ BTC Surge to 35 in Q3 2025

The number of public companies holding at least 1,000 BTC has risen steadily in 2025,…

July 26, 2025

Why Everyone’s Unstaking Ethereum? Cathie Wood Explains the Surge

Ethereum is making headlines again, not just for its price movement, but for a sudden…

July 26, 2025