Just looked at their securities mix - 47% are mortgages which would sell at a massive loss if liquidated.  It really does look terrible for them, and they are entering a death spiral.

Jonathan_Adly

bitcoin

Silvergate warns investors it may not survive the year, shares drop 30%

rujgev

appreciate the reasonable assessment.

the ongoing investigations aren’t helping either, and just saw on Twitter that Coinbase dropped them as a banking partner.

i hope they can pull off a miracle and stay alive, but the odds do seem to be stacked against them.