MARA Holdings, the largest Bitcoin 
$102,148 miner by market capitalization, is lending out 7,377 BTC to third parties as part of its strategy to generate income from its holdings. This initiative aims to help the company cover operational costs while simultaneously earning returns on its assets.
Bitcoin Lending Program
In a report published on Friday, MARA did not specify the borrowers or provide further details about the program. According to Robert Samuels, the vice president of investor relations, the lending program ties up approximately 16% of the company’s Bitcoin assets, yielding less than 10% in returns.
The report indicates that the company produced 890 Bitcoins last month, reflecting a 2% decrease compared to November. However, this figure represents the second-highest BTC production since the block reward halving that occurred in April.
MARA Holdings Overview
Throughout 2024, MARA purchased 22,065 BTC at an average price of $87,205 and mined an additional 9,457 BTC, reaching a total reserve of 44,893 BTC. The company ranks as the second-largest publicly traded Bitcoin h…
