BitcoinWarrior

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Did Reddit Bet Its IPO On Bitcoin? ‘Sounds Like A Stupid Decision,’ Redditor Says

Reddit’s recent strategic move to invest in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) has not just made headlines but has also ignited a fiery debate across its own vast network of forums. What Happened: Following the announcement of Reddit’s investment in cryptocurrencies, the platform’s subreddits are dissecting this decision from every conceivable angle. Especially in light of the company’s upcoming initial public offering (IPO), users remain skeptic. “This sounds like a stupid decision,” one user writes in the subreddit r/Buttcoin. In the thread titled “Why is Reddit investing in cr…