Search
Silvergate CEO Sees More Near-Term Pain for Crypto but Still Bullish on Bitcoin Lending
23.7.2022
Silvergate posted strong second-quarter earnings, outperforming its crypto peers’ due to strong risk management
Silvergate's Q2 Net Income Jumps Over 84% to $38.6M, Shares Spike
19.7.2022
Silvergate Capital also reported an increase in net income available to shareholders of $1.13 per share compared to $0.80 per share last year
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562
16.6.2022
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the price of the cryptocurrency “falls below $3,562 the company could post some other...
Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says
13.6.2022
The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target
Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors
7.6.2022
PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $20 million in funding for its Series A Round led by EJF Capital LLC (“EJF”) through its affiliate, the EJF Silvergate Ventures Fund. Joining...
‘Great Time to Be a Bitcoin Banker’: Silvergate CEO Alan Lane
19.4.2022
Silvergate Capital on Tuesday reported better-than-expected Q1 earnings this morning and shares are up nearly 12%
Silvergate Bank revenue soar in Q1 as institutional crypto trading activity falls
19.4.2022
The bank facilitated $142 billion worth of transfers between crypto exchanges and financial institutions in Q1
Silvergate Bank's Q1 Net Income Nearly Doubles to $24.7M
19.4.2022
Crypto-focussed Silvergate Bank recorded net income of $27.4 million in Q1 2022, more than doubling its income of $12.7 million for the corresponding quarter a year earlier
Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC
30.3.2022
Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M...
MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
29.3.2022
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion
MicroStrategy’s Unit Gets $205M Collateral Loan From Silvergate to Buy Bitcoin
29.3.2022
The term loan from Silvergate Bank can also be used for general corporate purposes
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside
21.3.2022
Aave General Counsel Rebecca Rettig Joins Silvergate Board and Says the Companies Could Collaborate
16.3.2022
Rettig has been with Aave for one year, and prior to that was a partner at law firm Manatt, Phelps & Phillips, where she represented blockchain and digital currency clients
Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin
3.2.2022
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and assets acquired will reportedly be used for the launch...
Silvergate Bank Reportedly Aims to Buy Diem's Intellectual Property for USD 200M
27.1.2022
American chartered bank Silvergate reportedly aims to purchase Diem's intellectual property for USD 200m, The Wall Street Journal reported, citing people familiar with the matter.
The Diem Association (previously known as Libra Association) is a Meta-led project that initially aimed to create...
Mark Zuckerberg’s Meta in Talks to Sell Assets in Crypto Project Diem: Report
26.1.2022
Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued by Silvergate Bank but it failed to get regulatory approval. Meta Reportedly Seeking Buyers for Diem...
Crypto.com and Silvergate enable institutions to buy and sell crypto with USD
30.11.2021
Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo
Silvergate Bank issues $100M credit line to mining firm Marathon Digital
4.10.2021
"We remain optimistic that we are well positioned to scale our hash rate to 13.3 EH/s by the middle of 2022,” said Marathon Digital CEO Fred Thiel
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
13.5.2021
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan...
Diem parters with Silvergate bank to launch stablecoin in the US
13.5.2021
Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate