Marathon Digital Holdings just put a chunk of its Bitcoin treasury to work in one of the largest institutional borrowing deals a public crypto miner has ever signed. The Nasdaq-listed miner, widely known as MARA, has secured $750 million in total credit facilities through a crypto-collateralized loan backed by Bitcoin, pledging 18,750 BTC to two separate lenders in a deal that underscores how far institutional crypto lending has matured since the last bear market.
Key takeaways
MARA secured $750 million in total credit facilities, split between $450 million from Coinbase Credit and $300 million from Two Prime Lending.
The company pledged 18,750 BTC as collateral, worth roughly $1.2 billion at the time of the transaction.
Both loans mature in August 2028, with the Coinbase facility carrying a one-year extension option.
Two Prime’s $300 million loan carries a fixed 7.65% interest rate, while the arrangement runs at roughly a 50% loan-to-value ratio.
Proceeds will fund gen
We współpracy z: https://en.cryptonomist.ch/2026/08/10/crypto-collateralized-loan-marathon-digital/
