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Reddit has sold the majority of its cryptocurrency holdings, primarily Bitcoin and Ether, as disclosed in its recent SEC filing. This sale occurred before Bitcoin's notable price surge in October, a period that traders have dubbed ‘Uptober.’ The filing indicated that during the three months ending September 30, 2024, Reddit liquidated most of its crypto portfolio, missing out on the subsequent gains in Bitcoin's value. #CryptoNews #Bitcoin #Ethereum #Reddit’in
Reddit has sold the majority of its cryptocurrency holdings, primarily Bitcoin and Ether, as disclosed in its recent SEC filing. This sale occurred before Bitcoin's notable price surge in October, a period that traders have dubbed ‘Uptober.’ The filing indicated that during the three months ending September 30, 2024, Reddit liquidated most of its crypto portfolio, missing out on the subsequent gains in Bitcoin's value.

#CryptoNews #Bitcoin #Ethereum #Reddit’in
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