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Bitcoin Mining Firm MARA Leads $20M Funding Round for Two Prime, Boosting Its Bitcoin Yield Strategy
BlockBeats News, July 15, according to CoinDesk, Two Prime is an investment advisor and institutional lender registered with the U.S. Securities and Exchange Commission (SEC), currently managing approximately $1.75 billion in assets. The company announced that it has completed a $20 million equity financing round led by Bitcoin mining firm MARA Holdings (MARA), with participation from Susquehanna Crypto.
In addition to acquiring equity in the company, MARA will also increase its Bitcoin allocation in Two Prime's institutional yield strategy from the original 500 BTC to 2000 BTC.
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