🚀 Exciting news from the crypto world! Marathon Digital Holdings, aka MARA, the Bitcoin mining giant, has just loaned out about 16% of their Bitcoin holdings. That’s 7,377 BTC or around $730 million! 😲

- Their total holdings are now 44,893 BTC, worth $4.4 billion.

- This gives MARA the flexibility to buy Bitcoin when the price drops.

- This loan is a “short-term arrangement” with a trusted third party, yielding single-digit returns.

MARA has also managed to mine 9,457 BTC and buy 22,065 BTC at an average price of $87,205 throughout 2024. MARA shares have jumped 14%, reaching $19.73! 💹

Curious about MARA’s strategy? Let’s discuss in the comments section!