Robinhood keeps Bitcoin treasury option on the table

Robinhood Markets (Nasdaq: HOOD) is actively looking at the Bitcoin (BTC) treasury plan, a company executive said during the earnings call on Nov. 5.

A Bitcoin treasury plan is a corporate strategy where a company holds Bitcoin on its balance sheet, similar to how most companies hold traditional assets like cash.

Robinhood launched as a commission-free stock and ETF trading brokerage app in 2015 and introduced crypto and options trading in 2018. A favorite among the younger, mobile-native demography, Robinhood went public in 2021.

It didn't take long for the trading firm to secure an inclusion in the S&P 500 index, hitting the milestone in 2025.

Robinhood has an extraordinary track record of beating analyst expectations when it comes to earnings and revenue. When it came to the firm's third-quarter results, it was no different.

Adjusted earnings per share (EPS) of $0.61, against the estimated $0.53, and Record revenue of $1.274 billion, against the estimated $1.21 billion.

Robinhood CEO drops 10-year revenue plan in earnings call

unveiled an ambitious revenue generation plan for the next 10 years during the earnings call on Nov. 5.

During the earnings call yesterday, Robinhood co-founder and CEO Vlad Tenev said the company is eyeing over 50% of its revenue from non-U.S. markets and institutional segments within a decade.

"So ten years from now, the aim is to have over half of our revenue be outside the US, and also cut another way, right now we're majority retail. We think we can get to over half being non-retail, institutional."Vlad Tenev, co-founder and chief executive officer of Robinhood Markets Inc.Getty Images

Though Tenev admitted these are "tough goals," he said it's an opportunity.

"And we're going after it."

Robinhood is growing "nicely" in the UK and EU, and the plan is to build the number one global financial ecosystem, he added.

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Prediction markets 'on fire'

Tenev said prediction markets “are really on fire” as customers “really love the product, and we’re bringing them even more.”

Prediction markets are platforms where traders bet on the outcome of real-world events. Robinhood lists more than 1,000 live contracts across sports, economics, politics, etc.

New CFO appointed

Robinhood also announced the appointment of Shiv Verma as the company's new CFO who will replace Jason Warnick.

Story Continues

Verma is an old-timer at Robinhood, having spent seven years at the firm. He said the company's goal is to grow EPS and compound long-term shareholder value.

"Plain and simple."

'Still thinking' about Bitcoin treasury plan

During the earnings call, an audience member asked about adopting Bitcoin or other digital assets as part of the company's corporate treasury strategy. Verma said the company always thinks about whether a decision would be right for shareholders.

Though adding BTC to the balance sheet has its positives, the strategy takes up capital, he added.

"And I think the short answer is we're still thinking about it. There's pros and cons to both of it. And it's one that we're gonna keep actively looking at."

Despite recording blockbuster earnings, the company's stock is lying in the red zone in pre-market hours. HOOD, which closed at $142.48 yesterday, was exchanging hands at $141.30 before market opening today.

This story was originally reported by TheStreet on Nov 6, 2025, where it first appeared in the Business News section. Add TheStreet as a Preferred Source by clicking here.

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