BlockBeats News, May 22nd, according to The Block, Bitcoin mining firm MARA Holdings announced an expanded partnership with SEC-registered Bitcoin investment advisor Two Prime, allocating 500 BTC from its 48,137 BTC reserve to Two Prime's managed yield strategy.
MARA plans to further increase its Bitcoin holdings through a $2 billion stock offering. Two Prime, with $25 billion in capital, creates returns for institutional investors through customized Bitcoin derivative strategies.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.