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Robinhood, Iris Energy, Meitu, Aker ASA and Wolfspeed Add $150M in BTC and ETH to Corporate Treasuries

Five publicly traded companies allocated a combined $150 million to Bitcoin and Ethereum yesterday, BBX data show. Robinhood's (NASDAQ: HOOD) board approved a $150 million mixed BTC/ETH purchase to be executed over 30 days via its proprietary platform, while Iris Energy (NASDAQ: IREN) reported a 92% Bitcoin production retention rate for Q1 2026 and plans to acquire 800 BTC using renewable energy premiums. Meitu (1357.HK) disclosed that cryptocurrency holdings now represent 40% of total net assets and will allocate 20% of annual net profits to Bitcoin reserves under its "profit-to-BTC" program, and Aker ASA converted surplus electricity from a Norwegian industrial arbitrage project into 300 BTC while reducing fiat debt. Wolfspeed (NYSE: WOLF) approved a $5 million Bitcoin allocation as a long-term treasury reserve, according to a ChainCatcher report.
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