$HOOD 5 hours later… $4,395,597 crypto deposits let's assume $HOOD has to pay 2% on $500M that’s a $10M expense to bring over $500M worth of their HIGHEST margin product (crypto) and get users who will deposit more, trade more, probably sign up for a credit card, etc. this type of execution needs to be studied in the business history books when it’s all said and done
OH MY HOODNESS Robinhood JUST launched a 1% match on any crypto deposit you bring to the platform… They’ll make it a 2% match if users collectively bring over $500M by July 7th 🤯 In the first few hours, $1M has been transferred in… Nonstop and relentless execution 🚀
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