Block.one Exits Silvergate Stake, Says Portfolio Firm Has No Exposure

March 9, 2023

In November, Block.one and its CEO, Brendan Blumer, bought a 9.27% stake in Silvergate Capital (SI), upping that to 9.9% in December, according to Bloomberg, making them one of the bank’s biggest stockholders. On Wednesday, the Cayman Islands-based company said it had exited its stake in the bank.

Source

Spread the love

Related posts

• 

  November 14, 2024 0

  What Does a 60/40 Portfolio Look Like if We Add Bitcoin (BTC) to the Mix, It Becomes a Lot Better: Van Straten

  For equities, Curvo chose iShares Core MSCI World UCITS ETF USD in the MSCI World Index...

  ICO News 

• 

  November 12, 2024 boss 0

  AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%

  “We see Bitcoin as being the primary store of value that will power these exponential technologies,”...

  Bitcoin News News 

• 

  November 12, 2024 0

  Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K

  It’s a sign that bullish long positions are likely getting crowded, and a slight price pullback...

  ICO News