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
KuCoin Adds USDT Perpetuals Tied To Stocks And ETFs
TL;DR: KuCoin announced five new USDT-margined perpetual contracts for October 21, including products tracking Goldman Sachs share...
Blumenthal Asks Tether to Detail Every Payment to Nxum, Bo Hines’ Consulting Firm
Sen. Richard Blumenthal (D-Conn.), the ranking member of the Senate Permanent Subcommittee on Investigations, demanded records on...
Spout Finance – Let Your Stocks Pay the Interest
Why you should listen Spout starts from an argument about who tokenized stocks are really for. Marc points out that anyone with me...
CMCC Global Plans Tokenized Bitcoin Funds With Tether And Bitfinex Securities
TL;DR: CMCC Global is bringing two existing fund strategies into tokenized securities issued through Tether’s Hadron infrastructur...
US Senator Questions Tether Over Reported Payments Linked To Former Crypto Adviser
TL;DR: Senator Richard Blumenthal has demanded records from Tether and consultancy Nxum over reported payments and potential ethic...
Wells Fargo, Intuit Join Growing Corporate Revolt Against Tokenized Stocks: Reuters
Wells Fargo, Intuit, and Arm Holdings are among six more companies objecting to having their shares traded as blockchain-based tok...