LuxWire(@LuxWire):Silvia is parting ways with its CFO, COO and Chief Legal Officer at once. All three leave by Oct 21 by mutual agreement, with $500K severance each. The new interim CFO and new COO both come from Professional Capital Management, a firm tied to Pompliano, and a cost-cutting program is expected to save more than $10M a year from lower compute and personnel costs, vendor renegotiation and cheaper executive hires. Source: Silvia 8-K, Oct 20, 2026

LuxWire

@LuxWire

Bitcoin treasury news, and how to get paid from it. Lux Wire for breaking news and the trade behind it. Subscribers get options education.

Joined January 2021

329 Following 14.8K Followers

LuxWire@LuxWire

2026.10.20 23:17

Silvia is parting ways with its CFO, COO and Chief Legal Officer at once. All three leave by Oct 21 by mutual agreement, with $500K severance each. The new interim CFO and new COO both come from Professional Capital Management, a firm tied to Pompliano, and a cost-cutting program is expected to save more than $10M a year from lower compute and personnel costs, vendor renegotiation and cheaper executive hires. Source: Silvia 8-K, Oct 20, 2026