Mara Holdings has loaned out $730 million worth of Bitcoin in the past year. The publicly traded Bitcoin mining company revealed that it has lent out 7,377 BTC (worth approximately $730 million) to third parties, representing approximately 16% of its BTC holdings. Mara Holdings, formerly known as Marathon Digital Holdings, has been a significant player in the cryptocurrency mining industry. According to The Block, the company has been actively lending out a portion of its BTC holdings to generate interest income to offset its operational costs associated with mining. The company's Vice President of Strategy, Robert Samuels, stated that the loans were structured as short-term loan agreements. This move by Mara Holdings highlights the growing trend of institutional investors using their cryptocurrency holdings as a source of liquidity. As the cryptocurrency market matures, we can expect to see more companies exploring similar strategies to generate additional revenue streams.

#BTC