Silvergate Loses Third Of Its Value After Revealing Bank Is Under Capitalized

Silvergate Capital (NYSE: SI) fell as much as 33% after hours on Wednesday after the cryptocurrency-focused bank announced that it will postpone filing its 2022 annual report on Form 10-K with the Securities and Exchange Commission due to further losses and regulatory scrutiny. While the company is working hard to file its Form 10-K as … Continue reading Silvergate Loses Third Of Its Value After Revealing Bank Is Under Capitalized