Tag Archives: reddit

CoinspeakerReddit Announces $34 Price Point for IPO Shares in First Social Media Company Debut since 2019 Reddit has confirmed its RDDT shares will trade at $34 at the IPO as the company hopes to raise $748 million from 22,000,000 shares. Reddit Announces $34 Price Point for IPO Shares in First Social Media Company Debut since 2019

CoinspeakerAmid Reddit IPO Frenzy, Community Token MOON Hits All-Time High Over the last weekend, MOON price surged to its all-time high in anticipation of Celer's upcoming bidirectional bridging feature. Amid Reddit IPO Frenzy, Community Token MOON Hits All-Time High

CoinspeakerReddit Aims to Raise Up to $748M at Valuation of $6.5B in Highly Anticipated IPO Reddit recently disclosed its crypto holdings as it is planning to sell its shares during the hotly anticipated IPO. Reddit Aims to Raise Up to $748M at Valuation of $6.5B in Highly Anticipated IPO

CoinspeakerReddit IPO Roadshow Set to Kick Off, Anticipating $6.5B Valuation Reddit is targeting a price range of $31 to $34 per share, which could translate to a valuation of up to $6.5 billion. Reddit IPO Roadshow Set to Kick Off, Anticipating $6.5B Valuation

Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday, in a bid to go public on the New York Stock Exchange (NYSE). The filing revealed that the company has invested some of its “excess cash reserves” into multiple cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). According to the filing, the company also acquired both ETH and one of the network;s layer 2 tokens, Polygon (MATIC) “as a form of...

CoinspeakerInvestors Encourage Reddit to Aspire for $5B Valuation in Upcoming IPO As part of the planned IPO Reddit intends to sell approximately 10% of its shares. And it is a decision that will significantly influence the final IPO valuation. Investors Encourage Reddit to Aspire for $5B Valuation in Upcoming IPO

Reddit initially filed for an IPO in December 2021 and was expected to make its public debut the following March. For the umpteenth time, the popular social media platform Reddit is reportedly getting set to make its public debut. This follows after a recent Bloomberg report confirmed that the firm has made reasonable progress in that regard. Per Bloomberg, Reddit is currently in talks with potential investors and its Initial Public Offering (IPO) could happen as early as the first quarter...

Along with the Contributor Program, Reddit has announced an update to Reddit Gold – a paid feature that allows users to personalize their profiles. American social news website and forum Reddit has announced a new program where qualifying users can be rewarded with money for their contributions. Within the Contributor Program, qualifying Redditors, including mods, can receive fiat money for the content they share on Reddit. The content will be estimated based on the karma and gold they’ve...

GameStop ($GME) made headlines as a symbol of a revolution in the stock market, led by an army of retail investors who banded together through online communities, notably the Reddit subreddit r/WallStreetBets. The fervor around GameStop’s meteoric rise showcased the potential of individual investors to challenge established financial norms, embodying the spirit of the „little guy“ taking on the corporate giants. However, the landscape has shifted since then, and the saga that once roared with...

In a group statement, the moderators of the thousands of subreddits participating in the protest stated that the potential impact of these changes goes beyond the inconvenience caused to users who prefer third-party apps. In a remarkable show of solidarity, numerous Reddit communities have united to take collective action against an imminent change that threatens users’ ability to freely access APIs and tools. Starting today to June 14, these communities, which include popular crypto...