News & Events zu Silvia, Inc. (SVIA)SVIASilvia, Inc.

Silvia Completes Cost-Cutting Plan, Expected Annual Savings Over $10 Million

The company states: "Silvia announced that it has completed an aggressive company-wide cost-cutting exercise expected to generate more than $10 million in annualized cost savings. The initiative, undertaken as part of the Company's ongoing focus on operational efficiency and long-term value creation, includes targeted reductions in compensation and operating expenses while preserving the resources necessary to advance Silvia's AI-powered platform and serve its growing base of independent investors. The anticipated savings are attributable to a significant reduction in compute and personnel-related expenses, the renegotiation of key vendor contracts, and the addition of highly capable executive team members who deliver strong leadership at a more efficient cost structure."

Silvia Repurchases Additional 5% of Common Stock, Totaling 20% Buyback

Silvia announced that since September 22, it repurchased an additional 5% of shares of its common stock. Since the start of its share buyback program, the Company has repurchased shares equal to approximately 20% of the shares outstanding at the inception of the program. As of market close October 6, 2026, the number of outstanding shares was 78,665,076 after taking into account the settlement of all shares repurchased and the number of Bitcoin held was approximately 4,965.