$600M BTC-backed borrowing from Coinbase Credit and Two Prime
Company: Marathon Digital
The claim, verbatim
MARA pledged 18,750 BTC as initial collateral for $600 million in new borrowing from Coinbase Credit and Two Prime Lending, each providing $300 million.
Source (primary)
MARA Holdings moves $81M in BTC, is Bitcoin price at risk? - Crypto News (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “MARA subsequently pledged 18,750 BTC as initial collateral for $600 million in new borrowing from Coinbase Credit and Two Prime Lending in August. The two lenders each provided $300 million in new funding.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article states that MARA pledged 18,750 BTC as initial collateral for $600 million in new borrowing. It says the borrowing came from Coinbase Credit and Two Prime Lending, which each provided $300 million.
Confirmed in the source:
- MARA pledged 18,750 BTC as initial collateral
- The collateral backed $600 million in new borrowing
- The lenders were Coinbase Credit and Two Prime Lending
- Each lender provided $300 million
What we did: Read our cached copy of the publisher (https://crypto.news/mara-holdings-moves-81m-in-btc-is-bitcoin-price-at-risk/) in full (12,196 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Holdings moves $81M in BTC, is Bitcoin price at risk? - Crypto News
Quote: “MARA subsequently pledged 18,750 BTC as initial collateral for $600 million in new borrowing from Coinbase Credit and Two Prime Lending in August. The two lenders each provided $300 million in new funding.”
confirms MARA Moves $81.1M in Bitcoin to Galaxy Digital Amid AI Pivot - Altcoin Buzz
Quote: “In August, MARA pledged 18,750 BTC as initial collateral for $600 million in new borrowing, split evenly between Coinbase Credit and Two Prime Lending.”
confirms MARA Moves $81 Million in Bitcoin to Galaxy Digital, Sparking Sale Speculation - BigGo Finance
Quote: “In August, the company secured $600 million in borrowing from Coinbase Credit and Two Prime Lending, pledging 18,750 BTC as initial collateral, with proceeds earmarked partly for that acquisition.”