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Bitcoinist
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Reddit Cashes Out: SEC Filing Reveals Major Bitcoin Sell-Off Last Month
- According to SEC filings, Reddit has sold most of its crypto holdings, including Bitcoin and Ether.
- The sale occurred before the recent surge in crypto prices, with Reddit missing out on potential profits.
- The company stated that the sold crypto assets were primarily held for treasury purposes.
- Reddit's stock price surged following the announcement of solid Q3 earnings.
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