Public Keys: Strategy Doubles Down on Bitcoin Plans, Robinhood Glitters With Gold
Strategy goes full laser-eyes for Bitcoin while Cboe pats itself on the back for its “really nice” crypto ecosystem.
https://www.talkimg.com/images/2025/05/04/UUUH3m.jpegStrategy announced its 42-42 Capital Plan to amass $42 billion in equity and fixed income by 2027 despite posting a fifth consecutive quarterly loss.
Cboe reported record earnings with 21% EPS growth and highlighted its expanding crypto ecosystem including new Bitcoin index options and futures products.
Robinhood saw 100% year-over-year growth in crypto transaction revenue, but experienced a quarterly decline as it works to diversify beyond crypto trading.
That’s in part due to the company pivoting from an on-premises to subscription model with its software customers. Yeah, remember those? Strategy has customers who pay for its data analytics software, even though it’s got nothing to do with Bitcoin.
“In Q1, total software revenues were approximately $111 million, down 3.6% year-over-year,” Andrew Kang, chief financial offer, said during the call. “The lower product license revenues, along with support revenues in Q1, continues to be as expected, and our overall revenue trend continues to reflect the ongoing transition of our software business from on-prem to the cloud.”
https://www.talkimg.com/images/2025/05/04/UUUS9W.jpeghttps://decrypt.co/317671/public-keys-strategy-bitcoin-robinhood-gold
