Silvergate: This bitcoin bank’s stock has jumped nearly 1,300% in just over a year

Shares of Silvergate Capital (SI) are up more than 120% so far this year -— and the stock has skyrocketed nearly 1,300% since going public in November 2019.
Increasingly more financial services firms, such as Bank of New York Mellon (BK), Visa (V), MasterCard (MA) and BlackRock (BLK), are starting to embrace bitcoin. But arguably no bank is as “all-in” on crypto as Silvergate.
CNN Business spoke to Silvergate CEO Alan Lane about the bank’s bitcoin business and what he predicts next for the…

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