Mining company MARA lent out 7,377 BTC to third parties in 2024
A MARA executive said the purpose of its lending program is to generate income to offset operating expenses incurred by mining.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A MARA executive said the purpose of its lending program is to generate income to offset operating expenses incurred by mining.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Hashrate Reclaims One Zettahash As Mining Competition Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has re...
Tether Wins Mining Industry Support For Its Open Automation Toolkit
Tether is trying to make Bitcoin mining equipment easier to operate as one system. Its October 24 announcement brings 15 industry...
Sygnum Launches Bitcoin Loans With Collateral Keys Shared Across Parties
TL;DR: Sygnum and Debifi have launched MultiSYG, a Bitcoin-backed lending service using segregated multisignature wallets. The arr...
NIP Group Signs Bitcoin Miner Purchase To Add 4.47 Exahash Of Capacity
TL;DR: NIP Group has agreed to purchase already deployed Bitcoin mining machines with about 4.47 EH/s of hash rate, subject to clo...
Polymarket Fires CMO After Fake-Trade Probe,
Key Takeaways: Polymarket said it has terminated its Chief Marketing Officer, Matthew Modabber, following an internal investigatio...
Securitize Brings 12 U.S. Stocks to Solana With 1:1 Backing and U.S. Investor Access
Key Takeaways: Securitize has added 12 U.S. stock tokens to Solana, such as Apple, Nvidia, Tesla, Microsoft and Amazon. The backin...