Bitcoin mining company MARA allocates 500 BTC to Two Prime for managing yield strategies

ChainCatcher news, 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 its managed yield strategy.

MARA plans to further increase its Bitcoin holdings through a $2 billion stock issuance. Two Prime creates returns for institutional investors through customized Bitcoin derivatives strategies, managing $2.5 billion in capital.