InvestorsHub Logo
Followers 129
Posts 5084
Boards Moderated 1
Alias Born 04/10/2008

Re: 56Chevy post# 2

Saturday, 01/07/2023 2:00:08 PM

Saturday, January 07, 2023 2:00:08 PM

Post# of 10

The bank said its remaining digital asset mining loan portfolio as of Sept. 30 totaled $76.5 million, "of which, upon review, the Company estimates a majority to be impaired and placed on non-accrual status."

This is the bigger news re: the already reported $27.5M digital asset mining loan loss going forward. I expect a decay in pps when the total crypto mining loan losses are identified.

• This is not to say a future stake in this is unwise. In fact just the opposite. IMO we just need to know the full extent of the damage..and wait for the bank to go on-sale.

The currency of TIME.

Day Range:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PVBC News