MARA to Deploy 500 BTC With Two Prime for Generating Yields

Bitcoin (BTC) miner MARA Holdings (MARA) will provide 500 BTC to broker Two Prime for generating yields, the companies said on Thursday.

The deal will enhance the existing partnership between the two crypto firms, the SEC-registered Two Prime has provided bitcoin-backed loans to MARA.

Recently, MARA announced its first-quarter results which missed Wall Street-estimates. However, the companies focus on cost-cutting was viewed positively by analysts.

Bitcoin (BTC) miner MARA Holdings (MARA) will provide 500 BTC to broker Two Prime for generating yields, the companies said on Thursday.

The deal will enhance the existing partnership between the two crypto firms, the SEC-registered Two Prime has provided bitcoin-backed loans to MARA.

Recently, MARA announced its first-quarter results which missed Wall Street-estimates. However, the companies focus on cost-cutting was viewed positively by analysts.