Reddit IPO filing exposes treasury direct exposure to Bitcoin, Ethereum
Reddit IPO filing exposes treasury direct exposure to Bitcoin, Ethereum Assad Jafri · 2 days ago · 2 minutes checked out The filing did not divulge the quantity of Bitcoin and Ethereum kept in the treasury or the length of time the business has actually been purchasing them. 2 minutes checked outUpgraded: Feb. 22, 2024 at 10:09 pm UTC Cover art/illustration through CryptoSlate. Image consists of combined material which might consist of AI-generated material.Social network giant Reddit has actually been silently purchasing Bitcoin and Ethereum with a few of its excess money and holds a concealed quantity of the 2 tokens in its treasury for financial investment functions.The social networks giant's crypto direct exposure information were exposed in its going public (IPO) prospectus,...