Silvergate Capital (SI) provides financial infrastructure solutions and services for the digital currency industry. George Tsilis joins Alex Coffey and Jenny Horne to discuss SI. He discusses SI as its earnings were released today, January 17th. He notes that the company missed its earnings. He then goes over how while bitcoin (/BTC) is trading well, SI is not, and that could be because SI is caught up in assets and liabilities that bitcoin isn't. He mentions that SI could start to diverge away from bitcoin more than it already has. Tune in to find out more about the stock market today.
18 Jan 2023