Reddit ha vendido la mayoría de sus Activos Cripto en Q3.

BlockBeats News, on October 31st, according to the documents submitted by social media website Reddit to the Securities and Exchange Commission (SEC), Reddit sold most of its cryptocurrency portfolio in the third quarter and dumped BTC and ETH for “financial reserves”. When the social media company submitted its initial public offering (IPO) application in February, it held a “negligible” amount of cryptocurrency on its balance sheet and used idle funds to purchase digital assets. On Tuesday, Reddit used the same wording to describe the recent sale of proceeds. “We sold most of the cryptocurrency portfolio, mainly including BTC and ETH,” Reddit said. “The net book value of the cryptocurrency we hold and the proceeds from the sale are irrelevant.” Although the quantity of cryptocurrency sold is not yet clear, the sale took place in the third quarter ending on September 30th. When asked about the US dollar value of its cryptocurrency portfolio or the definition of “negligible” amount, Reddit did not immediately respond to Decrypt’s request for comment. (Decrypt)