MARA says 16% of its BTC reserves has been loaned to third parties for 'modest' yield

Bitcoin miner MARA recently said it has deployed 16% of its BTC holdings, 7,377 BTC worth nearly $730 million, in short-term third-party loans to generate a “modest single-digit yield.” MARA also announced it had surpassed its hash rate target of 50 EH/s in December and grew its overall holdings to 44,893 BTC, including the loans.