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MicroStrategy, Marathon Digital Shares Fall Amidst Crypto Bank Silvergate’s Woes

Altszn.com by Altszn.com
January 5, 2023
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MicroStrategy, Marathon Digital Shares Fall Amidst Crypto Bank Silvergate’s Woes
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Outside of the lending activities, Silvergate also has high flying crypto firms as corporate banking customers through its Silvergate Exchange Network (SEN) Leverage program, which issues U.S. dollar loans using bitcoin as collateral. Some of the companies in the SEN network include Coinbase (COIN), the now-defunct FTX, Paxos, Crypto.com, Gemini, Kraken and Circle, according to a recent investor presentation.

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Read More: www.coindesk.com

Tags: bankBitcoinBTCCryptodigitalFallMarathonMicroStrategysharesSilvergateswoes
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