MARA Holdings, the largest bitcoin miner by market capitalization, has lent out 7,377 BTC to generate a modest single-digit yield. This lending program, which has been active throughout 2024, involves short-term arrangements with well-established third parties. The company aims to offset some operating expenses with the yield, which is less than 10%. MARA’s total bitcoin holdings now stand at 44,893 BTC, valued at $4.2 billion. In December, the company mined 890 BTC, a 2% decrease from November but still the second-highest output since April’s reward halving. MARA’s shares have risen 14% since the start of the year, with a 2.60% increase in pre-market trading. The company’s annual hash rate growth in 2024 was 168%, significantly outpacing bitcoin’s network growth rate of 49%.
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