MicroStrategy, Tether adds to companies pulling away from Silvergate as stocks plunge 57%
MicroStrategy has confirmed that none of its 130,000 BTC is held by Silvergate. However, the company has a loan to repay to the bank by the first quarter of 2025.
![MicroStrategy, Tether adds to companies that move away from Silvergate as stock plunges 57%](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/573f9ca9-07cc-4046-b3ef-b885aad71d28.jpg)
![MicroStrategy, Tether adds to companies pulling away from Silvergate as stocks plunge 57%](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvNTczZjljYTktMDdjYy00MDQ2LWIzZWYtYjg4NWFhZDcxZDI4LmpwZw==.jpg?#)
MicroStrategy has confirmed that none of its 130,000 BTC is held by Silvergate. However, the company has a loan to repay to the bank by the first quarter of 2025.
![MicroStrategy, Tether adds to companies that move away from Silvergate as stock plunges 57%](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/573f9ca9-07cc-4046-b3ef-b885aad71d28.jpg)
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