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Thu, June 5, 2025
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How to Buy and Sell Stocks: A Comprehensive Guide
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A 4-step guide to investing success for recent college grads
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Analysis-US Stocks Heal From Tariff Pain but Trade News to Keep Markets Edgy
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27 Earnings Releases for Jun 05th, 2025
Wed, June 4, 2025
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Financial stocks seem to be losing momentum and show signs of weakness
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Robinhood shares surge to record high following completion of Bitstamp acquisition
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Cramer calls weak ADP jobs data 'disturbing,' warns about stocks coming into earnings too hot
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How Is Blackstone's Stock Performance Compared to Other Financial Stocks?
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3 Mistakes Investors Make Investing Based On The News & How To Avoid Them
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DraftKings Stock Price Levels to Watch After Approval of New Illinois Sports Betting Tax
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Tue, June 3, 2025
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Robinhood shares surge to record high following completion of Bitstamp acquisition


//stocks-investing.news-articles.net/content/202 .. ollowing-completion-of-bitstamp-acquisition.html
Published in Stocks and Investing on by Fortune   Print publication without navigation

The all-cash deal was announced last June and officially closed on Monday.

On June 4, 2025, Robinhood's shares reached a record high following the announcement of its acquisition of Bitstamp, a Luxembourg-based cryptocurrency exchange. The acquisition, valued at $200 million, is aimed at expanding Robinhood's global presence and enhancing its cryptocurrency trading services. Bitstamp, established in 2011, is known for its robust security measures and compliance with regulatory standards, which aligns well with Robinhood's strategy to bolster its offerings in the crypto market. The deal is expected to close in the third quarter of 2025, pending regulatory approvals.

Read the Full Fortune Article at:
[ https://fortune.com/crypto/2025/06/04/robinhood-shares-record-high-bitstamp-acquisition/ ]

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