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Anyone worried about Silvergate bank going bankrupt and its effect on bitcoin price?

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I just heard Slivergate delayed filing its 10k...not good sign. Their stock is down almost 60% and every exchange has basically stopped transfers to them. Is this going to be another FTX effect on Bitcoin and is that good or bad. You will probably get BTC at a discount (its already down 5% today) what do you think BTC will go down to because of this? I know Microstrategies has a huge loan with them will they lose their collateral?

submitted by /u/Golden-eye007
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