MARA Holdings uses 16% of its bitcoin holdings for short-term borrowing to generate additional income
2025-01-06 01:22:21
According to The Block, bitcoin miner MARA Holdings recently said that it has used 16% of its holdings of BTC (about 7,377) for short-term third-party loans to generate moderate single-digit yields. MARA Holdings bought 22,065 bitcoins at an average price of $87,205 in 2024 and mined 9,457 bitcoins. Its reserves currently total 44,893, with a total value of over $4.40 billion.
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