MENLO PARK, California, August 25, 2026, 17:50 EDT – Robinhood’s (HOOD) share price rose 8.2%, with a rally in bitcoin helping boost the company’s market value by $7.6 billion.
- Robinhood finished regular trading at $112.09, gaining 8.17%, before slipping 0.43% in after-hours trade by 17:41 EDT.
- Bitcoin climbed to $81,237.94, marking its strongest value since mid-May.
- The share price increase boosted the quoted equity value by around $7.62 billion.
Robinhood Markets, Inc. (NASDAQ: HOOD) surged 8.17% to close at $112.09 on Tuesday. The $8.47 increase boosted its quoted equity valuation by about $7.62 billion, calculated from 899.08 million shares in circulation market data.
Digital assets provided the initial momentum. Bitcoin reached a peak of $81,237.94 before falling back under $80,400 in U.S. trading hours. This marked its strongest level since mid-May Reuters.
Robinhood’s jump in valuation far outpaced its most recent cryptocurrency revenue. The company’s single-day increase in equity value was roughly 76 times higher than the $100 million earned from crypto transactions in the last quarter.
The gap reflects expectations rather than current earnings. Traders anticipate an upswing in volumes and customer activity following a sluggish July for crypto.
| Security | August 25 close | Daily move | Investor exposure |
|---|---|---|---|
| Robinhood (HOOD) | $112.09 | +8.17% | Brokerage, digital assets and event contracts |
| Coinbase (COIN) | $187.16 | +4.28% | Crypto trading and related offerings |
| Strategy (MSTR) | $126.83 | +3.42% | Bitcoin-focused treasury leverage |
| Nasdaq Composite | — | +0.66% | Main growth-stock benchmark |
Robinhood surpassed gains seen by the next two publicly traded crypto proxies. Coinbase Global, Inc. (NASDAQ: COIN) advanced 4.28%. Strategy Inc (NASDAQ: MSTR) increased by 3.42%.
The split highlights Robinhood’s heightened exposure to retail trading. Transaction revenue in the second quarter climbed 44% to $776 million, and overall revenue advanced 32% to $1.31 billion. Revenue from event contracts totaled $156 million, surpassing that from cryptocurrencies company results.
Cryptocurrency accounted for just 7.6% of revenue for the quarter, declining 38% from the same period last year, while options revenue increased by 29% and equities revenue surged 95%.
July figures indicated persistent strain. Crypto notional volume declined by 33% compared with June, reaching $10.9 billion. Robinhood App saw its crypto volume decrease 38% to $4.3 billion July operating data.
Additional segments also provided backing. July’s equity volume stayed 59% higher than a year earlier. Options contracts rose by 66%, and event contracts surged twenty times over.
The balance sheet and customer numbers are also significant. Robinhood reported 28.5 million funded customers and $355 billion in platform assets at the end of July. Net deposits reached $5.6 billion during the month.
Tuesday’s rally has narrowed the gap with Wall Street’s published price targets. The average among 28 analysts stands at $119.93, roughly 7% higher than the latest close. The consensus recommendation is still Buy analyst estimates.
Risks: Bitcoin gave back some of its initial gains, while Robinhood fell to $111.61 in after-hours trading. Softer crypto markets may undermine Tuesday’s projected trading volume. Shares also changed hands at about 49.6 times trailing earnings, providing limited room for declining activity.
The upcoming operating update will challenge the market’s bet. Investors require August crypto trading volumes to rise, while ensuring deposit growth and the expansion of the event-contract business are not compromised.
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