Crypto Bank Silvergate Shares Move Higher After BlackRock Boosts Stake

Crypto Bank Silvergate Capital Surges on Lack of FTX Exposure

Stung first by 2022’s bear market in crypto and then again in November thanks to its large deposit relationship with collapsed crypto exchange FTX, Silvergate shares were lower by about 90% on a year-over-year basis. They gained 9.96% in Tuesday trade, with most of the move higher coming after the ownership filing.

Source link

Hinterlasse jetzt einen Kommentar

Kommentar hinterlassen

E-Mail Adresse wird nicht veröffentlicht.


*