<ul><li>Reddit has sold off the majority of its Bitcoin and Ethereum holdings in Q3, missing out on October's price surge.</li><li>The social media platform had been investing in Bitcoin and Ether since 2022 but decided to reduce its cryptocurrency assets.</li><li>Reddit's updated investment policy now requires board approval for future crypto purchases, limiting acquisitions to Bitcoin, Ethereum, or other non-security assets.</li><li>The move coincides with a reported decline in advertising revenue across sectors like technology and cryptocurrency.</li></ul>

Reddit Offloads Majority Of Bitcoin And Ethereum Holdings In Q3, Missing October’s Price Surge

Discover more