Silvergate Capital stock gains 1.12 percent on October 6

Published on 10/07/2026 at 03:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Silvergate Capital stock was valued at USD 0.64 on OTC Markets on October 6, 2026, with a USD 20.6 million market cap. The shell retains USD 1.37 billion in tax losses.

SI, US82837P4081, Illustration mit AI erstellt.

Silvergate Capital stock (ISIN US82837P4081) was last at USD 0.64 on OTC Markets on October 6, 2026 at 3:54 p.m. ET, up 1.12 percent for the session. The USD 20.6 million market capitalization places the reorganized company firmly in shell-stock territory rather than among operating banks.

Trading identity has changed

Investing.com identifies the security as SICP on OTC Markets and assigns it ISIN US82837P4081. The OTC quotation replaces the former SI identity associated with Silvergate's New York Stock Exchange listing.

The price remains 36 percent below the 52-week high of USD 1.00 and USD 0.59 above the 52-week low of USD 0.05. That spread matters because the latest USD 0.64 quote sits closer to the upper end of the annual range despite the company's dramatically reduced operating base.

Tax assets replace banking operations

According to AInvest on September 9, 2026, Silvergate emerged from Chapter 11 on March 31, 2026, with its common equity reinstated. The reorganized company retained USD 1.37 billion in federal net operating loss carryforwards, while its banking franchise had moved to Flagstar in 2023.

The same account describes a USD 3 million capital raise in August, including USD 1.5 million from each of Stilwell and Exploration Capital, at USD 0.60 per share. The transaction issued five million shares against a float of roughly 37 million, making ownership structure and tax-asset preservation more important than loan growth or deposit margins.

Silvergate stock stays highly speculative

Webull describes Silvergate Capital as having ceased its banking operations and as not engaging in business activities. That operating status changes how the October 6 price move should be read: the equity reflects residual corporate value, tax attributes and liquidation obligations rather than a conventional bank earnings cycle.

For investors, the central comparison is between the USD 20.6 million market capitalization and the USD 1.37 billion federal tax-loss balance. The balance is not equivalent to cash, and its value depends on ownership continuity, tax rules and the company's ability to preserve or use the attributes.

Silvergate stock trades at USD 0.64

Silvergate Capital stock was last at USD 0.64 on OTC Markets on October 6, 2026 at 3:54 p.m. ET, with a 1.12 percent daily gain and a 52-week range of USD 0.05 to USD 1.00.