Summary
- Mara Holdings announced that it provided 7,377 BTC, equivalent to 16% of its held Bitcoin, as loans to third parties last year.
- The provided Bitcoin is worth approximately $730 million, which is noted as a significant operational strategy of Mara Holdings.
- Vice President Robert Samuels stated that this loan program aims to cover operational costs through short-term interest income.
It has been revealed that the American cryptocurrency mining company, Mara Holdings, lent a portion of its Bitcoin holdings to third parties last year.
According to Cointelegraph on the 6th (local time), Mara Holdings provided 7,377 BTC (approximately $730 million) in loans to third parties over the past year. This accounts for 16% of the Bitcoin held by Mara Holdings.
Regarding this, Robert Samuels, Vice President of Mara Holdings, stated, "We operated the program focusing on short-term loan agreements with third parties and covered operational costs incurred from mining through interest income."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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