Previous close | 0.4900 |
Open | 0.4900 |
Bid | 0.1500 |
Ask | 0.8000 |
Strike | 70.00 |
Expiry date | 2024-01-19 |
Day's range | 0.4900 - 0.4900 |
Contract range | N/A |
Volume | |
Open interest | 70 |
The bank is looking to preserve capital as it navigates recent volatility in the crypto industry.
LA JOLLA, Calif., January 27, 2023--Silvergate Capital Corporation (the "Company" or "Silvergate") (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital asset industry, today announced that the Company has suspended the payment of dividends on its 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, in order to preserve capital. This decision reflects the Company’s focus on maintaining a highly liquid balance sheet with a strong capital
(Bloomberg) -- A Depression-era backstop that Wall Street banks use for short-term funding is the latest corner of traditional finance to be ensnared by upheaval in the crypto industry.Most Read from BloombergHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksUS Confronts China Over Companies’ Ties to Russia War EffortUS and Germany Set to Send Tanks to Ukraine, Breaking DeadlockJosh Kushner Is Richer Than Trump After Billionaires Back His FirmDoomsday Clock Moves to 90 Seconds to M