• Bitcoin reached $27,000 amidst news of a tech-supporting bank filing for Chapter 11 reorganization
• SVB Financial Group is no longer affiliated with Silicon Valley Bank and its private banking and wealth management business
• Silicon Valley Bridge Bank is now operating under the jurisdiction of the FDIC and is not included in the Chapter 11 filing
• The Chapter 11 process will allow SVB Financial Group to evaluate strategic alternatives for its businesses and assets, particularly SVB Capital and SVB Securities

The article presents a mix of positive and negative news. On one hand, Bitcoin reaching a multi-month high at $27,000 is a positive development. On the other hand, the news of a tech-supporting bank filing for Chapter 11 reorganization may have negative implications for the financial industry. However, the article also highlights that the Chapter 11 process will allow SVB Financial Group to evaluate strategic alternatives for its businesses and assets, which could be seen as a positive step towards preserving value.