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Silvergate capital

Cathie Wood, chief executive officer and chief investment officer, Ark Invest. (Marco Bello/Getty Images)
Markets
Coinbase
Cathie Wood's ARK Invest Buys Almost $6M of COIN, Sells Silvergate Stock
The firm sold about $5 million of Silvergate Capital shares.
Cathie Wood, chief executive officer and chief investment officer, Ark Invest. (Marco Bello/Getty Images)
By Greg Ahlstrand
Jan 6, 2023 at 3:54 a.m. UTC
Jan 6, 2023
CoinbaseARK InvestCathie WoodCOINSilvergate capital
Silvergate Shares Plunge Amid $8B in Withdrawals, Job Cuts
Video
Cdtv
Silvergate Shares Plunge Amid $8B in Withdrawals, Job Cuts
Shares of crypto bank Silvergate Capital (SI) plunged after announcing it has cut 40% of its staff, or about 200 employees. This comes after the bank was forced to sell assets...
Silvergate Shares Plunge Amid $8B in Withdrawals, Job Cuts
By CoinDesk Staff
Jan 5, 2023 at 9:06 p.m. UTC
Jan 5, 2023
cdtvHash clipCrypto WinterSilvergate capital