MARA invests US$20 million in Two Prime and expands its strategy with bitcoin
- MARA invests in institutional income with bitcoin
- Two Prime receives funding to expand crypto solutions
- Mining company focuses on strategies beyond mining
Marathon Digital (MARA) has strengthened its presence in the cryptocurrency sector by leading a $20 million funding round from Two Prime, an SEC-registered investment advisory firm. The initiative includes the acquisition of an equity stake in the company, deepening the partnership between the two institutions in developing Bitcoin yield strategies.
MARA's capital allocation in Two Prime increased from 500 to 2.000 BTC, signaling the mining company's move toward actively managing its digital assets. Susquehanna Crypto also participated in the round, supporting the expansion of solutions for institutions that hold large volumes of Bitcoin, such as corporate treasuries and sovereign entities.
Alexander Blume, CEO of Two Prime, commented that MARA's move demonstrates a broader trend among institutions seeking alternatives to transform reserves into productive assets. "MARA's investment signals a broader shift toward active, yield-focused bitcoin strategies," he said.
Salman Khan, MARA's CFO, stated that the investment is a natural step in the company's strategic evolution. "It reflects our commitment to activating our Bitcoin reserves, transforming them into more than just a passive asset tied solely to price appreciation," he emphasized.
MARA, the largest publicly traded bitcoin miner in the United States, reported having mined 950 BTC in May, bringing its total reserves to 49.179 BTC. This volume makes it the second-largest public bitcoin treasury, behind only Strategy.
In addition to focusing on revenue generation, the company has also been exploring artificial intelligence infrastructure, seeking diversification after the reduction in mining revenues caused by the 2024 halving. In March, MARA announced plans to raise up to US$2 billion through a share sale to boost its assets and operations in the sector.
Two Prime, in turn, manages approximately US$1,75 billion in assets and was recently recognized as the largest CeFi lender in the US, solidifying its presence in the institutional cryptocurrency segment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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