{"id":6232,"date":"2025-01-06T10:03:18","date_gmt":"2025-01-06T10:03:18","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6232"},"modified":"2025-01-06T10:03:18","modified_gmt":"2025-01-06T10:03:18","slug":"mara-holdings-lends-out-7377-btc-to-generate-single-digit-yield","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6232","title":{"rendered":"MARA Holdings Lends Out 7,377 BTC to Generate Single Digit Yield"},"content":{"rendered":"
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MARA Holdings (MARA), the largest bitcoin (BTC<\/a>) 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. <\/p>\n

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%.<\/p>\n

“There has been significant interest in MARA’s bitcoin lending program,” Samuels posted<\/a>. “It focuses on short-term arrangements with well-established third parties. It generates a modest single-digit yield. It has been active throughout 2024. The long-term objective is to generate sufficient yield to offset operating expenses”.<\/p>\n

The company produced 890 bitcoin last month, 2% fewer than in November, the production report<\/a> shows. Still, it’s the second-biggest number of BTC since April’s reward halving.<\/p>\n

“We mined 249 blocks, the second most blocks in a month on record,” Chairman and CEO Fred Thiel said in the report. “MARAPool achieved an impressive annual hash rate growth of 168% in 2024, exceeding bitcoin’s network growth rate<\/a> of 49%”. <\/p>\n

For all of 2024, MARA acquired 22,065 BTC at an average price of $87,205 and mined an additional 9,457 BTC taking its total held to 44,893 BTC. Bitcoin is currently trading just below $100,000. The company is the second-biggest publicly traded owner of bitcoin, trailing only MicroStrategy (MSTR).<\/p>\n

MARA shares rose 2.60% in pre-market trading and have 14% since the start of the year.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6232","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6232"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6232\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}