- 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.
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- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
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.PiCK News
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