Increasing 30,000 BTC in one year! Listed mining company MARA lends 7,377 BTC to earn additional income

US listed mining company MARA Holdings recently released its mining production report for December 2024, which not only reveals the company's latest mining performance, but also discloses for the first time the details of lending part of its BTC reserves to generate additional revenue for the company.

According to the report, as of December 31, 2024, 7,377 (approximately 16.4% of the total) MARA BTC reserves have been invested in a short-term third-party lending program to generate stable income.

MARA Vice President of Investor Relations, Robert Samuels, subsequently further explained the operation details of this loan program on the social platform X. He stated that the program will be launched in 2024, focusing on short-term cooperation with 'reputable third parties' and bringing 'steady single-digit returns'. However, he did not disclose the specific loan targets.

There has been significant interest in @MARAHoldings BTC lending program, so here's a bit more detail:– It focuses on short-term arrangements with well-established third parties.– Generates a modest single-digit yield.– It has been active throughout 2024.– The long-term…

— Robert Samuels (@RobSamuelsIR) January 3, 2025

Over the past year, MARA has not only significantly increased its BTC reserves through Mining, but has also adopted an aggressive purchasing strategy. In 2024, the company bought 22,065 BTC at an average price of $87,205 and increased its holdings by 9,457 BTC through Mining. So far, the company's total BTC reserves have reached 44,893, with a current market value of over $4.4 billion.

In terms of Mining, MARA successfully broke through the hashing power target set for early 2024 - reaching 50 EH/s, and peaking at 53.2 EH/s by the end of 2024. However, due to 'slightly poor Mining luck', BTC production in December decreased slightly by 2% compared to November.

The total network hash rate of BTC reached a new all-time high in December, indicating that global mining competition is becoming more intense.

MARA Chairman and CEO Fred Thiel stated that the company adopts a dual-track strategy of BTCMining and simultaneous purchases, allowing MARA to flexibly adjust in the market while acquiring more BTC at attractive prices.

He believes that this strategy not only strengthens MARA's competitive position, but also further enhances its ability to create long-term value for shareholders.

<Increasing holdings by 30,000 BTC per year! Listed mining company MARA lends 7,377 BTC to earn extra income> This article was first published in "Blocklike".