👉👉👉 #BREAKING : Reddit Announced That It Converted Its Excess Cash into Bitcoin and Ethereum!
In a recent announcement, social media giant Reddit disclosed its decision to convert its surplus cash into Bitcoin and Ethereum, with plans to continue this strategy moving forward.
Additionally, Reddit has expanded its payment options by adding #Ethereum and $MATIC assets for the purchase of certain virtual products on its platform.
The news of Reddit's intention to go public surfaced with the submission of paperwork for an initial public offering (IPO) in the United States on Thursday. This development marks a significant milestone for Reddit, coming almost two decades after its inception.
While #Reddit was valued at $10 billion in a financing round in 2021, the specific valuation the company aims to achieve during its upcoming share sale remains undisclosed.
Source - en.bitcoinsistemi.com
