MARA Pledges $1.2B in Bitcoin for $600M Loans From Coinbase and Two Prime

3 hours ago 2

Rommie Analytics

Key Takeaways:

  • MARA committed 18,750 BTC valued at approximately $1.2 billion in exchange for $600 million in new loans.
  • Meanwhile, Coinbase Credit and Two Prime Lending were behind the financing, with $300 million in new funding coming from each.
  • These loans provide MARA with more liquidity as over 50 per cent of the estimated Bitcoin has become collateral-based.