MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57% By Cointelegraph
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Business intelligence firm MicroStrategy, stablecoin issuer have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.
The news comes after Silvergate announced on March 1 that it would postpone the filing of its annual 10-K financial report, which has many fearing the cryptocurrency bank may be on the brink of a bankruptcy filing.
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Business intelligence firm MicroStrategy, stablecoin issuer have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.
The news comes after Silvergate announced on March 1 that it would postpone the filing of its annual 10-K financial report, which has many fearing the cryptocurrency bank may be on the brink of a bankruptcy filing.
Continue Reading on Coin Telegraph