{"id":6368,"date":"2025-01-06T22:32:27","date_gmt":"2025-01-06T22:32:27","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6368"},"modified":"2025-01-06T22:32:27","modified_gmt":"2025-01-06T22:32:27","slug":"bitcoin-mining-giant-marathon-has-lent-out-730m-in-btc","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6368","title":{"rendered":"Bitcoin Mining Giant Marathon Has Lent Out $730M in BTC\u00a0\u00a0"},"content":{"rendered":"
\n

The world\u2019s second-largest corporate holder of Bitcoin, MARA, also known as Marathon Digital Holdings, has lent out around 16% of its treasury.<\/p>\n

In a production and mining operation update<\/a> released on Jan. 3, the firm revealed that 7,377 BTC, worth around $730 million at current prices, has been \u201ctemporarily loaned to third parties.\u201d<\/p>\n

Its total stash, including the loan, is 44,893 BTC as of Dec. 31 and is worth a whopping $4.4 billion.<\/p>\n

\n

\u201cAs a miner that mines and buys Bitcoin, the hybrid approach provides us significant flexibility to acquire Bitcoin at attractive prices,\u201d the firm stated before adding:<\/p>\n

\u201cIt further allows us to capitalize on market conditions by buying BTC during price declines, optimizing our acquisition cost.\u201d<\/p>\n<\/blockquote>\n

\u2018Significant Interest\u2019 in BTC Loans<\/h2>\n

MARA did not disclose the identities of the BTC loan recipients, but Director of Investor Relations Robert Samuels said that the loans are \u201cshort-term arrangements with well-established third parties.\u201d<\/p>\n

The company is generating a \u201cmodest single-digit yield\u201d and has been actively engaged in such lending throughout 2024, he added.<\/p>\n

He said there was \u201csignificant interest\u201d in MARA\u2019s Bitcoin lending program. \u201cThe long-term objective is to generate sufficient yield to offset operating expenses,\u201d he explained.<\/p>\n

\n

There has been significant interest in @MARAHoldings<\/a> BTC lending program, so here\u2019s a bit more detail:
\n\u2013 It focuses on short-term arrangements with well-established third parties.
\n\u2013 Generates a modest single-digit yield.
\n\u2013 It has been active throughout 2024.
\n\u2013 The long-term\u2026<\/p>\n

\u2014 Robert Samuels (@RobSamuelsIR) January 3, 2025<\/a><\/p>\n<\/blockquote>\n