Bitcoin-backed borrowings; share of BTC pledged
Company: Marathon Digital
The claim, verbatim
Following new borrowings secured by its Bitcoin, 54% of MARA's Bitcoin holdings were pledged as collateral.
Source (primary)
How Big Could MARA Stock’s Next Fall Be? - Trefis (-, news_article)
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Quote: “Following new borrowings secured by its Bitcoin, 54% of MARA's Bitcoin holdings were pledged as collateral, management said on the call.”
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Additional evidence
confirms How Big Could MARA Stock’s Next Fall Be? - Trefis
Quote: “Following new borrowings secured by its Bitcoin, 54% of MARA's Bitcoin holdings were pledged as collateral, management said on the call.”