Silvergate CEO Sees More Near-Term Pain for Crypto but Still Bullish on Bitcoin Lending
Shares of Silvergate are down 42% this year, though they’ve jumped 33% over the last week. The VanEck Digital Transformation...
Silvergate
Saylor Pledges More Bitcoin to Back Loan From Silvergate Following Price Drop
Michael Saylor, CEO, and co-founder of MicroStrategy reassures lender Silvergate Bank that the company will post alternative collateral for a...
Silvergate Q1 Revenue Surges Despite Falling Crypto Trading Activity
Silvergate Bank – a bank dedicated to serving crypto industry institutions – saw its Q1 income nearly double over last...
Silvergate Bank revenue soar in Q1 as institutional crypto trading activity falls
On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of...
Silvergate Bitcoin Services Gather Billions in Volume
Silvergate’s cryptocurrency services have gathered increased traction over the past quarter. With increases in net income, customer acquisition, leveraged commitments...
MacroStrategy Closes $205 Million Bitcoin-Collateralized Loan From Silvergate Bank To Buy BTC
MacroStrategy, subsidiary of MicroStrategy, closed a $205 million bitcoin-collateralized loan from Silvergate Bank. Through the Silvergate Exchange Network (SEN) Leverage...
Silvergate Issues Bitcoin-collateralized Loan to MicroStrategy Subsidiary
The loan was made under the Silvergate Exchange Network Leverage program, which had $570 million in commitments at the end...
Silvergate swoops in with $200 million bid on failed Diem project
Silvergate Bank gives Diem, also known as Facebook Coin, a way out by buying the failed project’s assets.Since its unveiling...
After Purchasing Diem, Silvergate Capital Plans to Launch its Stablecoin
Speaking at a CNBC program, Silvergate Capital CEO Alan Lane noted on Monday that the organization will launch a stablecoin...
Silvergate Acquires Diem After Meta Officially Gives up
The Diem Association sold the intellectual property of Diem Payment Network to Silvergate Capital Corporation, according to a Monday announcement...