Silvergate Rallies On $1 Billion Net Loss, Further $1.7 Billion In Securities Slated To Be Sold To Cover Debt | the deep dive

Silvergate Rallies On $1 Billion Net Loss, Further $1.7 Billion In Securities Slated To Be Sold To Cover Debt

Silvergate Capital (NYSE: SI) has reported its Q4 2022 financials, topbilled by a staggering $1.0 billion net loss. This compares to a net income of $40.6 million in Q3 2022 and a net income of $18.4 million in Q4 2021. “During the fourth quarter of 2022, the digital asset industry experienced a transformational shift, with significant … Continue reading Silvergate Rallies On $1 Billion Net Loss, Further $1.7 Billion In Securities Slated To Be Sold To Cover Debt