Robinhood launches $1.5B buyback amid crypto volatility

Robinhood launches a $1.5B share buyback over three years and boosts its credit facility, responding to a sharp stock drop tied to crypto market volatility.

Robinhood has announced a new $1.5 billion share buyback program, expanding its capital return strategy as the cryptocurrency market faces ongoing volatility. The buyback will be carried out over approximately three years, beginning in the first quarter of 2026, with flexibility to adjust the pace based on market conditions. This initiative builds on previous authorizations, including $1 billion in 2024 and an additional $500 million in 2025. By February 2026, Robinhood had already repurchased about 22 million shares for roughly $910 million. In addition to the buyback, the company has increased its revolving credit facility from $2.65 billion to $3.25 billion, with the option to expand further. These moves come after Robinhood's stock price fell more than 50% since Bitcoin's peak in October 2025, highlighting its exposure to crypto market swings. The buyback and enhanced liquidity aim to optimize shareholder returns and strengthen Robinhood's financial position.