CryptoMARA Holdings invests $20M in Two Prime, boosts Bitcoin...

MARA Holdings invests $20M in Two Prime, boosts Bitcoin allocation to 2,000 BTC

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Key Takeaways

  • MARA Holdings invested $20 million in Two Prime, increasing its BTC allocation from 500 to 2,000 BTC.
  • The partnership aims to enhance institutional bitcoin yields with active management and risk-adjusted returns.

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MARA Holdings, the leading US-based Bitcoin miner and infrastructure firm, has invested $20 million in Two Prime to scale its exposure to institutional BTC yield products, according to a Tuesday press release.

The deal raises MARA’s platform allocation from 500 BTC to 2,000 BTC as it deepens its presence in active Bitcoin management.

Salman Khan, CFO of MARA, emphasized that the collaboration will “activate and optimize their Bitcoin holdings for more than just passive asset appreciation.”

The equity investment, which includes participation from Susquehanna Crypto, makes MARA a minority owner in Two Prime, an SEC-registered investment advisor and institutional lender managing approximately $1.7 billion in assets.

“MARA’s investment underscores a pivotal shift toward actively managed bitcoin strategies that adhere to institutional standards of risk management and performance,” said Two Prime CEO Alexander Blume, in a statement.

Two Prime currently stands as the largest CeFi lender in the US, with a focus on providing yield-generating digital asset solutions for institutional clients. The partnership is designed to enhance treasury management capabilities by combining capital preservation with risk-adjusted returns.

MARA ranks as the second-largest corporate Bitcoin holder behind MicroStrategy, which just crossed the 600,000 BTC threshold. The Bitcoin miner currently holds 50,000 BTC worth around $5.8 billion at current market prices.

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