Bitcoin Mining Company MARA Allocates 500 BTC to Two Prime for Revenue Management Strategy
According to The Block, Bitcoin mining company MARA Holdings announced an expansion of its collaboration with SEC-registered Bitcoin investment advisor Two Prime, allocating 500 BTC (from its reserve of 48,137 BTC) to manage yield strategies.
MARA plans to further increase its Bitcoin holdings through a $2 billion stock issuance. Two Prime, which creates returns for institutional investors through customized Bitcoin derivative strategies, manages $2.5 billion in capital.
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