Reddit Discloses Crypto Holdings Before IPO Listing

Reddit, a popular social media platform, has disclosed its investment in Bitcoin (BTC) and Ether (ETH) as part of its strategy to diversify its assets, marking a significant move in corporate cryptocurrency investment. Investment Disclosure in SEC Filing In a filing submitted to the U.S. Securities and Exchange Commission (SEC) as part of its plans to go public on the New York Stock Exchange under the ticker symbol RDDT, Reddit revealed its decision to allocate a portion of its excess cash towards acquiring digital assets. This places Reddit among companies that are directly purchasing...


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