MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%


$ 83,248.0
€ 77,007.4
¥ 38,800.0
£ 64,368.1
BTC
$ 83,248.0
0.56 %
$ 1,831.31
€ 1,694.00
¥ 853.83
£ 1,416.17
ETH
$ 1,831.31
1.01 %
$ 216.98
€ 200.81
¥ 101.38
£ 167.80
XMR
$ 216.98
0.00 %
$ 82.67
€ 76.51
¥ 38.53
£ 63.93
LTC
$ 82.67
-3.86 %
Submitted by Anonymous (not verified) on Fri, 03/03/2023 - 04:20

MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025.

Author: 
Cointelegraph By Brayden Lindrea
Tags: 
Silvergate
Silvergate Exchange Network
10-K Filing
Financial report
Infrastructure Platform
crypto bank
U.S. Department of Justice
Galaxy Digital
Paxos
Wintermute
Cointelegraph By Brayden Lindrea