MARA to Deploy 500 BTC to Two Prime for Yield Generation
Bitcoin miner MARA Holdings will allocate 500 BTC to broker Two Prime for yield generation. This deal strengthens their ongoing partnership, as Two Prime has previously provided bitcoin-backed loans to MARA.
- MARA's recent first-quarter results fell short of Wall Street estimates.
- Analysts viewed the company's cost-cutting measures positively.
- Two Prime CEO Alexander Blume emphasized the importance of capital efficiency and transparency in digital asset management.
- Public bitcoin miners sold 115% of their production in April, the highest since late 2022.