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Reddit Embraces Crypto: IPO Filing Reveals Bitcoin, Ether Investments

Reddit Inc. has disclosed cryptocurrency investments in its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC). The social media giant noted that as of the end of December last ye...

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Reddit Embraces Crypto: IPO Filing Reveals Bitcoin, Ether Investments
Reddit Inc. has disclosed cryptocurrency investments in its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC). The social media giant noted that as of the end of December last year, “we did not hold digital assets other than bitcoin and ether for treasury purposes, and our investment policy requires approval […]

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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