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Silvergate Stock Jumps After Citadel Securities Reveals Stake

Photo of Nora James Nora James February 14, 2023
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Silvergate Stock Jumps After Citadel Securities Reveals Stake
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Silvergate Capital


stock was rising Tuesday after Citadel Securities announced it had taken a stake in the digital currency banking company.

Citadel Securities disclosed in a filing with the Securities and Exchange Commission that it had taken a 5.5% stake in


Silvergate


(ticker: SI), which equals about 1.73 million shares.

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