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Nidhi Kolhapur

Reddit Sold Major Crypto In Q3; Misses Out On Bitcoin’s Uptober Gains 

Reddit Sold Major Crypto In Q3; Misses Out On Bitcoin’s Uptober Gains 

2024-10-30
By: Nidhi Kolhapur
On: October 30, 2024
In: Business & Finance

The latest filing with the SEC has revealed that Reddit has sold the majority of its cryptocurrency portfolio during the third quarter, offloading Bitcoin and Ethereum once held “for treasury purposes.”  When the social media company filed for an initial public offering in February, the company held an “immaterial” amountContinue Reading

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