Bitcoin mining company MARA leads a $20 million equity financing for Two Prime to enhance BTC yield strategies.

PANews, July 15 news, according to CoinDesk, Bitcoin mining company Marathon Digital (MARA) led a $20 million equity financing for digital asset management company Two Prime, with participation from Susquehanna Crypto. MARA also announced that it will increase its Bitcoin Position managed by Two Prime from 500 coins to 2000 coins, valued at approximately $234 million at current market prices. Two Prime is a U.S. SEC-registered investment advisor, managing assets totaling $1.75 billion, with a yield strategy focused on institutional-level risk management. The company's lending business was recently rated by Galaxy Research as the largest centralized financial lending platform in the U.S. The CFO of MARA stated that this increase in holdings aims to transform Bitcoin from a passive holding asset into an active yield-generating tool.