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Bitcoin Mining Company MARA Allocates 500 BTC to Two Prime for Revenue Management Strategy
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According to The Block, Bitcoin mining company MARA Holdings announced an expansion of its collaboration with SEC-registered Bitcoin investment advisor Two Prime, allocating 500 BTC (from its reserve of 48,137 BTC) to manage yield strategies.
MARA plans to further increase its Bitcoin holdings through a $2 billion stock issuance. Two Prime, which creates returns for institutional investors through customized Bitcoin derivative strategies, manages $2.5 billion in capital.
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