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$600M Bitcoin-backed credit facilities

Company: Marathon Digital

Subject kind
financing
Statement date
2026-10-19
Promised amount
600000000.0 USD
Current status
stated

The claim, verbatim

MARA borrowed $600 million via Bitcoin-backed credit facilities with Coinbase and Two Prime at an average 7.6% interest rate, leaving 54% of its Bitcoin pledged as collateral.

Source (primary)

Bitcoin News: MARA Sent 1,000 BTC to Exchanges as Saylor Hints at Another Buy. Is the Biggest Miner Selling? - Yahoo Finance (-, news_article)
View cached copy (2026-10-19)Live source ↗Archive.org ↗

Quote: “MARA borrowed $600 million using Bitcoin-backed credit facilities with Coinbase ( NASDAQ:COIN ) and Two Prime at an average interest rate of 7.6%”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Bitcoin News: MARA Sent 1,000 BTC to Exchanges as Saylor Hints at Another Buy. Is the Biggest Miner Selling? - Yahoo Finance

Quote: “MARA borrowed $600 million using Bitcoin-backed credit facilities with Coinbase ( NASDAQ:COIN ) and Two Prime at an average interest rate of 7.6%”

View cached copy (2026-10-19)Live source ↗Archive.org ↗

confirms Bitcoin News: MARA Sent 1,000 BTC to Exchanges as Saylor Hints at Another Buy. Is the Biggest Miner Selling? - 24/7 Wall St.

Quote: “MARA borrowed $600 million using Bitcoin-backed credit facilities with Coinbase ( NASDAQ:COIN ) and Two Prime at an average interest rate of 7.6%”

View cached copy (2026-10-19)Live source ↗Archive.org ↗