MARA follows Saylor’s playbook with Two Prime deal, BTC allocation grows
2025-07-15 11:14:25
Main Idea
MARA Holdings has acquired a minority stake in Two Prime, increasing its Bitcoin allocation to 2,000 BTC as part of a yield strategy, while facing mixed financial results post-Bitcoin halving.
Key Points
1. MARA Holdings completed a minority acquisition of Two Prime, an institutional investment adviser managing $1.75 billion in assets.
2. The deal included a $20 million equity investment and increased MARA's Bitcoin allocation with Two Prime from 500 BTC to 2,000 BTC.
3. MARA holds one of the world’s largest Bitcoin treasuries, with 50,000 BTC on its balance sheet, making it the second-largest publicly traded Bitcoin treasury firm.
4. Post-Bitcoin halving, MARA reported a $533 million net loss in Q1 despite a nearly 30% increase in revenue to $214 million.
5. MARA is focusing on using Bitcoin as more than just a passive asset, aiming to generate yield through strategies like the Two Prime deal.
Description
MARA Holdings has acquired an equity stake in Two Prime, which includes an allocation of 2,000 BTC for its yield strategy.
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