coin-img-ETHETH+0.92%coin-img-BTCBTC+0.47%coin-img-SOLSOL+0.44%coin-img-XRPXRP-1.42%coin-img-USDCUSDC+0.01%coin-img-TRXTRX+0.46%coin-img-HYPEHYPE-0.86%coin-img-DOGEDOGE-0.40%coin-img-ETHETH+0.92%coin-img-BTCBTC+0.47%coin-img-SOLSOL+0.44%coin-img-XRPXRP-1.42%coin-img-USDCUSDC+0.01%coin-img-TRXTRX+0.46%coin-img-HYPEHYPE-0.86%coin-img-DOGEDOGE-0.40%coin-img-ETHETH+0.92%coin-img-BTCBTC+0.47%coin-img-SOLSOL+0.44%coin-img-XRPXRP-1.42%coin-img-USDCUSDC+0.01%coin-img-TRXTRX+0.46%coin-img-HYPEHYPE-0.86%coin-img-DOGEDOGE-0.40%coin-img-ETHETH+0.92%coin-img-BTCBTC+0.47%coin-img-SOLSOL+0.44%coin-img-XRPXRP-1.42%coin-img-USDCUSDC+0.01%coin-img-TRXTRX+0.46%coin-img-HYPEHYPE-0.86%coin-img-DOGEDOGE-0.40%

Robinhood shares diverge from Bitcoin after months of moving in lockstep

Robinhood said it has completed a $2 billion private offering of 0% convertible senior notes, with part of the proceeds earmarked for share repurchases and capped call transactions. Bernstein raised its forecast for Robinhood’s prediction-market revenue to $586 million in 2026, while the company also completed a $180 million acquisition of Canada-based crypto platform WonderFi. The combination has reinforced Robinhood’s positioning as a more diversified fintech platform, helping weaken its price linkage with Bitcoin and supporting the stock above $100.
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