MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Ripple’s RLUSD Adds Nearly $1B in 90 Days as Tether’s USDT Loses $5B
Ripple’s RLUSD stablecoin has crossed $2.5 billion in supply after adding about $972 million in 90 days, the biggest gain among ma...
Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority
Bitcoin Magazine Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority Stock perpetual fu...
Italy Filed 95% of the EU's Register of Unlicensed Crypto Firms
Italy's market regulator filed 179 of the 188 entries on the EU's register of unlicensed crypto firms, an FM Intelligence analysis...
NYSE Adds Four Transfer Agents to Planned Tokenized Securities Venue
TL;DR: The New York Stock Exchange said on November 2 that Broadridge, Computershare, Equiniti and Superstate had joined the netwo...
Canton Strategic Holdings’ CNTN becomes first tokenized US stock to trade under SEC exemption
This milestone in tokenized stock trading could pave the way for broader blockchain adoption in financial markets, influencing fut...
Tokenized stocks and ETFs above $1 million climb to 348, up from 3 in January 2025
The rapid growth of tokenized stocks and ETFs highlights potential shifts in financial markets, emphasizing blockchain's role in a...