Catenaa, Sunday, June 01, 2025-MARA Holdings, the largest publicly traded cryptocurrency miner in the United States, will allocate 500 BTC to investment advisory firm Two Prime, expanding a partnership aimed at improving digital asset capital efficiency.
The allocation represents a strategic extension of an existing collaboration in which Two Prime, a US Securities and Exchange Commission-registered investment adviser, has issued bitcoin-backed loans to MARA.
The move signals MARA’s shift toward leveraging its sizable bitcoin holdings to generate yield while maintaining liquidity.
MARA described the agreement as a model for transparency and risk-aware innovation.
MARA, formerly Marathon Digital, currently holds 48,137 bitcoin-second only to Strategy among public firms, according to Bitcointreasuries.net.
The company reported $214 million in revenue during the first quarter of 2025, up $50 million from the previous year, but ended the period with a net loss of $533 million. In March, MARA announced plans to raise $2 billion through stock offerings to further expand its bitcoin treasury.
Paul Giordano, MARA’s vice president of digital asset management, said the firm intends to generate added value for shareholders through the Two Prime allocation while preserving its core strategy of security and flexibility.
Two Prime said it designs bespoke derivative strategies to deliver alpha, managing access to $2.5 billion in capital.
