Bitcoin (BTC) Miner Mara Holdings (Mara) will provide 500 BTC in Broker Two Prime to generate yields, companies announced on Thursday.
The agreement will improve the partnership existing between the two Crypto companies, the two premiums registered at the SEC have granted bitcoin supported loans to Mara.
Recently, Mara announced her first quarter results that missed the estimates of Wall Street. However, the company put by the cost reduction was considered positively by analysts.
Read more: Bitcoin Miner Mara Mara Stock Sneenges despite the missed benefits while analysts applaud costs reduction
“Mara has one of the greatest Bitcoins Business Treasury Bonos in the world, and they establish the norm for the way institutional holders can in a responsibly unlock its value,” two CEOs said, Alexander Blume in a press release.
“This expanded partnership is done well that the yield – it is a question of creating a model of capital efficiency, transparency and innovation aware of risks in the management of digital assets,” added Blume.
Last month, many bitcoin minors listed were forced to withdraw some of their assets, according to Theinermag. The latest research in the mining press revealed that public minors sold 115% of their Bitcoin production in April – which means that they sold more than they produced. It is the highest report since the end of the 2022 bear market.
Read more: Bitcoin minors sold a record BTC amount before the overvoltage of May prices
Update (May 22, 11:00 am UTC): Add comments from two main and backgrounds to Bitcoin minors.
