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SI / Silvergate slumps 28% after delaying annual report, warning about viability

Silvergate slumps 28% after delaying annual report, warning about viability
Silvergate Capital shares plummeted 28% late on Wednesday after the cryptocurrency-focused bank warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern. Read More
Posted: Mar 1 2023, 19:08
Author Name: Reuters
Views: 110644

SI News  

Even Daredevils Should Avoid Silvergate Capital (SI) Stock

By InvestorPlace
April 11, 2023

Even Daredevils Should Avoid Silvergate Capital (SI) Stock

Before you jump into a hasty trade with Silvergate Capital (NYSE: SI ) stock, think carefully and consider the risks involved. Silvergate Capital is a more_horizontal

Silvergate Capital Corporation (SI) Flat As Market Gains: What You Should Know

By Zacks Investment Research
March 31, 2023

Silvergate Capital Corporation (SI) Flat As Market Gains: What You Should Know

In the latest trading session, Silvergate Capital Corporation (SI) closed at $1.62, marking no change from the previous day. more_horizontal

SI Stock Alert: Short Squeeze Hopes Drive Silvergate Higher

By InvestorPlace
March 28, 2023

SI Stock Alert: Short Squeeze Hopes Drive Silvergate Higher

Silvergate Capital (NYSE: SI ) stock is on the rise Tuesday as a potential short squeeze rally boils behind the scenes. Traders have been hoping for a more_horizontal

Did MicroStrategy Find a Silver Lining in Silvergate's Meltdown?

By The Motley Fool
March 28, 2023

Did MicroStrategy Find a Silver Lining in Silvergate's Meltdown?

MicroStrategy repaid its Silvergate loan early due to the bank's collapse, without prepayment fees and at a 21% discount. Silvergate investors sent th more_horizontal

Is a Giant Short Squeeze Brewing in Silvergate (SI) Stock?

By InvestorPlace
March 27, 2023

Is a Giant Short Squeeze Brewing in Silvergate (SI) Stock?

Although deeply embattled, crypto-friendly bank Silvergate Capital (NYSE: SI ) is managing to pop conspicuously higher against an otherwise soft opene more_horizontal

Microstrategy pays off $205 million Silvergate loan, buys $150 million worth of bitcoin: SEC filing

By Market Watch
March 27, 2023

Microstrategy pays off $205 million Silvergate loan, buys $150 million worth of bitcoin: SEC filing

Macrostrategy, which is a wholly-owned subsidiary of software firm Microstrategy, has paid off a $205 million loan to Silvergate Bank, according to a more_horizontal

Why Shares of Silvergate Capital Are Rising (Again) Today

By The Motley Fool
March 27, 2023

Why Shares of Silvergate Capital Are Rising (Again) Today

A MicroStrategy subsidiary fully repaid a term loan that was collateralized by Bitcoin. Investors may view the news as positive for the bank's planned more_horizontal

Banks Step Up to Serve Crypto Firms After Signature, Silvergate Blowups

By WSJ
March 27, 2023

Banks Step Up to Serve Crypto Firms After Signature, Silvergate Blowups

As crypto companies have scrambled to establish new bank relationships, industry executives say they have received a positive reception from some regi more_horizontal


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