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Crypto Wrap: Strategy Buys More Bitcoin, Robinhood Cuts Jobs

Crypto Wrap: Strategy Buys More Bitcoin, Robinhood Cuts Jobs
Bloomberg Technology Tuesday 16 June 2026, 19:41 UTC 1 min read
Key Points

Jun 16th, 2026 Crypto Wrap: Strategy Buys More Bitcoin, Robinhood Cuts Jobs Bloomberg's Monique Mulima joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Robinhood said it’s cutting 10% of its workforce, a reduction of around 300 positions, to “remain lean and disciplined” as it develops new products. Also, Strategy purchased 1,587 bitcoin tokens from June 8 to June 14 for aggregate purchase price of $100m

Jun 16th, 2026 Crypto Wrap: Strategy Buys More Bitcoin, Robinhood Cuts Jobs Bloomberg's Monique Mulima joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Robinhood said it’s cutting 10% of its workforce, a reduction of around 300 positions, to “remain lean and disciplined” as it develops new products. Also, Strategy purchased 1,587 bitcoin tokens from June 8 to June 14 for aggregate purchase price of $100m [Image text:] $10OMINBITCOINPURCHASED Purchased1,587Bitcoin betweenJune8thand14th Strategy 485.4411.90-774 Averagepurchaseprice $63,024pertoken Bitcoinholdingstotal846,842 $56.3B)asofJune14 Bloomberg CRYPTO
Bitcoin (ORG) Robinhood Cuts Jobs Jun 16th (ORG) Robinhood Cuts Jobs Bloomberg's (ORG) Monique Mulima (PERSON) Scarlet Fu (PERSON) Tim Stenovec (PERSON) Robinhood (ORG) Strategy (ORG)
Originally published by Bloomberg Technology Read original →

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