https://coinjournal.net/news/crypto-bank-silvergate-suspends-preferred-stock-dividend/
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1 billion loss in the fourth quarter and also cut its staff by 20% amid the crypto bear market and impact of FTX collapse…
Crypto bank Silvergate suspends preferred stock dividend
Published in Business and Uncategorized
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