Silvergate Capital stock tanks as company plans to wind down its crypto-friendly bank

Norge Nyheter Nyheter

Silvergate Capital stock tanks as company plans to wind down its crypto-friendly bank
Norge Siste Nytt,Norge Overskrifter
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Silvergate Capital Corp. shares plunged 30% in after-hours trading Wednesday to a record low, after the company said it intended to wind down operations and...

Silvergate Capital Corp. SI shares plunged more than 30% in after-hours trading Wednesday after the company said it intended to wind down operations and voluntarily liquidate its subsidiary Silvergate Bank, a crypto-friendly lender.The La Jolla,... Silvergate Capital Corp. SI shares plunged more than 30% in after-hours trading Wednesday after the company said it intended to wind down operations and voluntarily liquidate its subsidiary Silvergate Bank, a crypto-friendly lender.

The company is considering the best way to resolve claims and preserve the residual value of its assets, Silvergate Capital said. All of the company’s other deposit-related services remain operational, it said.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

MarketWatch /  🏆 3. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate BankSilvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate BankThe company behind Silvergate Bank said it is considering how best to resolve claims and preserve the residual value of its assets.
Les mer »

Silvergate shutting down operations and liquidating bankSilvergate shutting down operations and liquidating bankSilvergate Capital announced on Wednesday that it will wind down operations and liquidate Silvergate Bank.
Les mer »

InnovationRx: Health IT Deals Down 35%; Plus, 30 Under 30 EuropeInnovationRx: Health IT Deals Down 35%; Plus, 30 Under 30 EuropeInnovationRx is your weekly digest of healthcare news. Sign up!
Les mer »

Silvergate Capital shares tank after company announces plan to wind down bankSilvergate Capital shares tank after company announces plan to wind down bankSilvergate Capital Corp. shares plunged 30% in after-hours trading Wednesday after the company said it intended to wind down operations and voluntarily...
Les mer »

Cathie Wood's ARK ignores Silvergate, buys Coinbase stock for 6th straight monthCathie Wood's ARK ignores Silvergate, buys Coinbase stock for 6th straight monthBitcoin exchange Coinbase retains major buyer ARK Invest as it ups COIN share exposure.
Les mer »



Render Time: 2025-03-04 20:36:07