Struggling contagion from the collapse of a number of crypto companies final yr, which got here to a head with the demise of crypto alternate FTX in November, Silverbank’s inventory misplaced round 90% of its worth in 2022. This has continued within the early a part of 2023, with the shares down an additional 18% in January.
Crypto Financial institution Silvergate Suspends Dividend on Most well-liked Inventory
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