MARA Holdings uses its 16% Bitcoin holdings for short-term lending to generate additional income
According to The Block, Bitcoin mining company MARA Holdings recently stated that it has used 16% of its BTC holdings (approximately 7377) for short-term third-party loans to generate a modest single-digit return rate.
In 2024, MARA Holdings bought 22065 Bitcoins at an average price of $87205 and mined 9457 Bitcoins. Currently, its total reserves are 44893 Bitcoins, with a total value exceeding $4.4 billion.
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