MARA Holdings Lends Out 7,377 BTC to Generate Single Digit Yield

Description

MARA Holdings (MARA), the largest bitcoin ( BTC ) miner by market capitalization, said it is lending 7,377 BTC to third parties to generate a return on its holdings and cover some operating costs. In a production report released Friday, MARA did not identify the borrowers nor reveal other details regarding the program, which ties up about 16% of its bitcoin. Robert Samuels, the company's vice president of investor relations, said in a post on X that it is earning a yield of less than 10%. "There...