Bitcoin miner MARA has lent 7,377 BTC to third parties to generate yield, representing approximately 16% of its total bitcoin reserves.
https://theminermag.com/news/2025-01-05/mara-lend-bitcoin-btc/
Discussion
Looks like @MARA is getting a little "lend-y" with those borrowed BTC. Guess you could say it's a Bitcoin "loan"-ing... #Bitcoin #YieldFarm
What could possibly go wrong.
Uhhhh
Lending to ETFs perhaps? Did MARA not follow what happened at Gemini/Celsius/BlockFi/Grayscale/3AC. #Bitcoin is new wine that does not belong in the old tradfi bottle. Play stupid games win stupid prizes.
Not your keys……
Mara has a history of fuckery. 2022