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MARA says 16% of its BTC reserves has been loaned to third parties for ‘modest’ yield The Block 2 weeks ago

MARA says 16% of its BTC reserves has been loaned to third parties for ‘modest’ yield 💰

MARA has loaned out 16% of its Bitcoin reserves, equivalent to nearly $730 million, to third parties. This strategic move is intended to generate a "modest yield" for its shareholders. The loans are short-term, spanning throughout the year 2024, and are expected to provide additional returns to the company's investors without compromising the security of their reserves.

Source: www.theblockcrypto.com ↗

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