Silvergate Contrarian Bet Soured rau Peter Thiel-Backed Block.one, Bill Miller

(Bloomberg) - Tsuas yog lub hlis ua ntej Silvergate Capital Corp. tshaj tawm tias nws tau poob qis, kev lag luam thawj zaug raug mob los ntawm kev lag luam crypto cuam tshuam, lub tuam txhab hu ua Block.one tau txhawb nqa nws cov peev nyiaj.

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Silvergate cov khoom lag luam poob qis, cov neeg tso nyiaj tau khiav tawm thiab cov neeg muag khoom luv luv tau ncig - tab sis Block.one thiab nws tus thawj tswj hwm Brendan Blumer yog cov neeg yuav khoom loj. Thaum Lub Kaum Ib Hlis, lawv tau yuav cov khoom lag luam uas yog 9.27% ​​feem pua ​​​​ntawm cov qiv nyiaj, raws li cov lus tshaj tawm lig lub hli. Thaum kawg ntawm lub Kaum Ob Hlis, lub tuam txhab, uas nws cov neeg txhawb nqa ntev xws li Peter Thiel thiab Alan Howard, tau txhawb txoj haujlwm ntawd kom Block.one, nrog rau Blumer, tau los ua Silvergate tus tuav loj tshaj plaws nrog kev sib koom ua ke 9.9% tuav.

"Silvergate tus nqi ncaj ncees tam sim no tsis raug cuam tshuam txog lawv daim ntawv tshuav nyiaj li cas, lawv txoj kev npaj ua lag luam, lossis lawv txoj kev lag luam-kev loj hlob tsis txaus ntseeg, thiab yog li muab lub sijhawm peev tshwj xeeb," Block.one tau hais hauv lub Kaum Ib Hlis nqe lus tshaj tawm nws thawj qhov kev yuav khoom. "Peb zoo siab los ua ib tus neeg koom tes tshiab."

Block.one tsis nyob ib leeg. Miller Value Partners LLC, tus thawj tswj hwm nyiaj txiag tsim los ntawm cov neeg ua lag luam legendary Bill Miller uas tau khiav lag luam muaj txiaj ntsig cov tswv yim rau ntau xyoo ntawm Legg Mason, kuj tau nce nws cov ceg txheem ntseeg hauv lub quarter thib plaub, cov ntaub ntawv ntawm nws lub vev xaib qhia.

Tej zaum nws yuav yog qhov kev sib tw tsis sib haum xeeb yog tias Silvergate tuaj yeem ua rau huab cua poob qis. Tab sis qhov ntawd tsis tshwm sim. Silvergate tuav cov nyiaj tso rau FTX, qhov kev sib pauv crypto uas nws ua lag luam ua ntej lub Kaum Ib Hlis tau ua rau lub lag luam twb raug mob los ntawm kev kub ntxhov nyob rau lub caij nplooj ntoos hlav thiab lub caij ntuj sov. FTX lub cev qhuav dej ua rau muaj kev khiav ntawm kev tso nyiaj ntawm lub txhab nyiaj thiab kev poob siab tawm ntawm nws cov Tshuag, nrog rau kev soj ntsuam xyuas, xa Silvergate mus rau hauv lub tailspin los ntawm qhov kawg nws tsis tuaj yeem rov qab los. Hnub Wednesday, lub tsev txhab nyiaj tau tshaj tawm tias nws tau ua tiav thiab poob qis.

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Thaum Block.one nthuav tawm nws thawj 9.27% ​​tuav hauv lub Kaum Ib Hlis nqe lus - uas tau raug tshem tawm ntawm nws lub vev xaib - cov ceg txheem ntseeg muaj nqis tshaj $ 90 lab raws li tus nqi sib koom thaum lub sijhawm ntawd, raws li Bloomberg suav. Thaum kawg ntawm lub Kaum Ob Hlis, nws tau txhawb nqa 9.9% ceg txheem ntseeg muaj nqis txog $ 54.5 lab.

Txij li thaum kawg ntawm 2022, Silvergate cov Tshuag tau poob 70% ntawm nws cov nqi; nws cov khoom lag luam poob ntau dua 40% tom qab kev ua lag luam rau hnub Wednesday ib leeg tom qab kaw ntawm $ 4.91 ib qho. Block.one tau nrog rau feem ntau ntawm qhov kev caij tsheb poob qis: Nws tawm ntawm nws cov ceg txheem ntseeg tsuas yog lub lim tiam dhau los, tom qab lub txhab nyiaj ua tsis tiav nws daim ntawv tshaj tawm txhua xyoo raws sijhawm thiab kaw lub network them nyiaj uas ib zaug siv los ntawm cov tuam txhab crypto.

"Txawm hais tias peb poob siab rau qhov tshwm sim no, peb tseem nyob twj ywm unwavering tias cov tsev txhab nyiaj thiab lwm lub tuam txhab nyiaj txiag embracing cov cuab tam cov cuab tam thiab cryptocurrency sectors yog zoo- positioned siv thev naus laus zis los txhawb lub peev xwm ntawm ob qho tib si cov kev pab cuam nyiaj txiag thiab kev lag luam tshiab kev lag luam digital, ” Block.one tau hais hauv tsab ntawv tshaj tawm hnub Wednesday ntawm nws lub vev xaib. Cov neeg sawv cev rau Block.one thiab Silvergate tsis teb rau kev thov tawm tswv yim.

Nyob rau hauv rooj plaub ntawm Miller Tus Neeg Koom Tes, nws cov nyiaj Miller Opportunity Trust tau ntxiv ntau tshaj li ib lab feem ntawm Silvergate nyob rau lub quarter thib plaub, raws li nws cov ntaub ntawv. Cov nyiaj $ 1.3 nphom, uas nrhiav kev tso nyiaj tsis sib xws rau cov nyiaj rov qab mus ntev, muaj nuj nqis ntawm cov ceg txheem ntseeg ntawm $ 22.6 lab thaum kawg lub Kaum Ob Hlis, raws li cov ntaub ntawv. Miller Opportunity Trust, tswj hwm los ntawm Samantha McLemore, pib tsim nws ceg txheem ntseeg hauv Silvergate hauv peb lub hlis twg ntawm 2022, cov ntaub ntawv qhia. Cov nyiaj, uas poob txog 36% hauv 2022, yog nce txog 15% rau xyoo no. Nws txoj haujlwm tam sim no hauv Silvergate tsis meej.

MacKenzie Bozel, tus cev lus rau Miller Tus Nqi, tsis kam tawm tswv yim.

Brock Pierce, tus tsim ntawm Block.one tau hais tias "Lub sijhawm ntawd, nws zoo li tej zaum yuav muaj kev txav mus los," said Brock Pierce, tus tsim ntawm Block.one, uas tau nqis los ntau xyoo dhau los tom qab lub sijhawm luv luv, nws qhov profile LinkedIn qhia. “Pom tseeb, cov khoom lag luam poob qis. Lawv ib txwm hais txog kev sim ntes rab riam ntog. Nws yog kev lag luam pheej hmoo thiab nws zoo li qhov tshwm sim ntawm no yog qhov tsis zoo ntawm kev sim ua qhov ntawd. "

Rau Block.one, qhov kev poob qis yog qhov hloov tshiab kawg ntawm cov xwm txheej hauv keeb kwm tsis yog tsis muaj qhov tsis zoo. Backed los ntawm billionaire ua lag luam zoo li PayPal Holdings Inc. co-founder Peter Thiel thiab hedge fund magnates Alan Howard thiab Louis Bacon, Block.one tau pib tsim lub blockchain hu ua EOS. Lub tuam txhab paub zoo tshaj plaws rau kev nce nyiaj ntau dua $ 4 nphom los ntawm nws cov nyiaj npib pib pib ntawm 2017 thiab 2018, qhov loj tshaj plaws hu ua ICO hauv keeb kwm.

EOS blockchain yeej tsis tau tawm hauv qhov muaj koob npe thiab lub tuam txhab sai sai tau dhau los ua kev thuam thuam. Lub US Securities thiab Exchange Commission tau nplua Block.one $ 24 lab hauv 2019 rau qhov ua tsis tau rau npe rau nws qhov pib muab nyiaj npib, uas ua rau muaj kev txhawj xeeb txog kev ua lag luam tsis txaus ntseeg thiab muaj peev xwm siv tau tus nqi. EOS token tam sim no poob qis 95% los ntawm nws lub sijhawm siab ntawm $ 23 hauv 2018, raws li CoinMarketCap.

Block.one txij li thaum pivoted mus rau venture peev thiab tau nqis peev ntau dua $ 4 nphom hauv cov cuab tam, raws li nws lub vev xaib. Lub tuam txhab tau thim rov qab blockchain gaming startup Immutable, nrog rau Galaxy Digital Holdings Ltd. Lub tuam txhab kuj tau tshaj tawm crypto pauv Bullish hauv 2021 nrog Blumer ua tus thawj coj thiab CEO, tab sis lub tuam txhab lub hom phiaj ntawm kev mus rau pej xeem tsoo nrawm thaum Bullish hu tawm $ 9. billion deal nrog tshwj xeeb lub hom phiaj nrhiav tau lub tuam txhab Far Peak Acquisition Corp nyob rau lub Kaum Ob Hlis.

Qhov cuam tshuam los ntawm Silvergate peev yuav tsum yog "tsis tseem ceeb" rau Block.one, hais tias Pierce. "Nws pom tseeb tsis zoo, tab sis txheeb ze rau kev lag luam tag nrho ntawm nws daim ntawv tshuav nyiaj, nws tsis yog qhov xwm txheej."

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