SilvergateT4 Net Income Rises To $ 9.1 Million To Extend Lending In 2021

2021-1-21 07:23
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Block announced on Jan.21 that profits at cryptocurrency-friendly Silvergate bank doubled fourth quarter 2019 profits, with revenue up $ 3.6 million to $ 9.1 million. Silvergate CEO Alan Lane announced plans for 2021 that will continue to explore other ways to raise money for the bank, particularly lending and oversight. At the same time, Silvergate announced that it will continue to advertise $ 200 million in Class A shares.

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2021-1-21 07:20