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


$ 81,927.0
€ 73,918.6
¥ 38,800.0
£ 62,283.3
BTC
$ 81,927.0
-3.67 %
$ 1,757.02
€ 1,585.77
¥ 832.38
£ 1,335.96
ETH
$ 1,757.02
-6.12 %
$ 211.75
€ 191.02
¥ 100.54
£ 160.87
XMR
$ 211.75
-1.91 %
$ 80.36
€ 72.43
¥ 38.05
£ 60.99
LTC
$ 80.36
-3.17 %
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