
2023-1-28 19:50 |
Silvergate, a bank favored by Sam Bankman-Fried, recently announced the suspension of a preferred stock dividend. origin »
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2023-1-28 19:50 |
Silvergate, a bank favored by Sam Bankman-Fried, recently announced the suspension of a preferred stock dividend. origin »
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Silvergate, a California-based crypto bank whose shares are listed on the New York Stock Exchange, is suspending dividend payout to remain highly liquid as the digital currency market tries to pull itself out of the liquidity crisis of 2022.
2023-1-28 11:18 | |
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Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1 billion loss in the fourth quarter and also cut its staff by 20% amid the crypto bear market and impact of FTX collapse.
2023-1-27 18:54 | |
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