COINOTAG reported on January 6 that Information about MARA Holdings, Inca prominent Bitcoin mining company, has strategically used 16% of its Bitcoin reserves, amounting to 7,377 BTC with a value of approx. $730 millionto obtain a short-term loan through a third-party arrangement. The move is part of the company's drive to “achieve mid-single-digit revenue.” According to Robert Samuels, Vice President of Investor Relations, this Bitcoin loan program has been operating since 2024, focusing on short-term contracts only with reliable partners, although the details of the lender are still undisclosed.
In an impressive expansion of his holdings, MARA acquired 22,065 Bitcoins at an average cost of $87,205 and mined an additional 9,457 Bitcoins, resulting in total reserves of 44,893 BTC. At current market prices, this portfolio represents great value in excess of $4.4 billion. In addition, MARA achieved the target hash rate of 50 EH/s by December, confirming their operational efficiency and competence in the competitive field of digital currency mining.
