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40 sats \ 5 replies \ @Cje95 6 Jan \ on: CRA says FLD no good Stacker_Stocks

How did they let you buy it in the first place?!?! They should have protocols in place to prevent this so it sounds like more of a them not you problem! I mean at least it is likely up for you since its been going up for the most part... sucks though you might be forced to sell it since I mean rn 50% of the market value is freaking 5/6 bucks!

I hold 21 shares of FLD I am so thrilled to have watched their growth for the last 3/4 years! Now that I can pay my CC bill with Fold I am stacking sats like its going out of style!

40 sats \ 1 reply \ @nym 6 Jan

I didn’t know they were public

46 sats \ 0 replies \ @Cje95 6 Jan

Yep!!! The are a sneaky silent mover in the BTC space that could really benefit from on boarding people. They make it so easy and I mean they still offer killer referral bonuses!

0 sats \ 2 replies \ @grayruby OP 6 Jan

Not sure. I would imagine they were approved pre merger but maybe they don't allow "crypto" based companies to be held in registered accounts. You can hold etfs because I do hold some of the Canadian etf and some Bitwise etf in my retirement account.

40 sats \ 1 reply \ @Cje95 6 Jan

Its interesting cause the SPAC was themed for crypto… I wonder if its because a few months ago before the vote on the merger FLD disclosed the company owned BTC

0 sats \ 0 replies \ @grayruby OP 6 Jan

Could be. I didn't dig into the details as to why it wasn't approved. Could be because of Bitcoin or maybe spac's aren't allowed and it is something that fell through the cracks on the online brokerages end or it could part of new legislation that got passed recently.

If it was a larger position for me, I would look into it more but it's only a couple hundred dollars in my portfolio. I just bought it in solidarity with a Bitcoin company,.