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Silvergate suspends dividends to preserve ‘highly liquid balance sheet’

January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1 billion and laid off 200 employees.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Silvergate suspends dividends to preserve ‘highly liquid balance sheet’

January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1 billion and laid off 200 employees.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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