Marathon Digital Holdings (MARA), the largest publicly traded Bitcoin mining company in the US, is increasing its investments in institutional-grade Bitcoin yield strategies.
Marathon Digital Deepens Bitcoin Yield Strategy with $20 Million Investment in Two Prime
The company formalized the partnership by investing $20 million in SEC-registered investment advisor Two Prime. This investment also increases MARA’s Bitcoin allocation to Two Prime from 500 BTC to 2,000 BTC.
Susquehanna Crypto also participated in the round. With the new funding, MARA becomes not only a capital investor but also an equity owner in Two Prime’s returns platform, specifically designed for corporate treasuries, sovereign wealth funds, and large Bitcoin holders.
Two Prime CEO Alexander Blume commented on the strategic significance of the investment as follows:
“Digital assets are now becoming an integral part of corporate and sovereign balance sheets. MARA’s investment demonstrates a shift towards active, yield-focused Bitcoin strategies aligned with institutional standards. This alignment is driven by a long-term vision, risk management, and innovation.”
MARA CFO Salman Khan evaluated the investment decision within the scope of the company’s new treasury policy:
“This investment builds on our existing collaboration, where we have a strong alignment on risk, transparency, and capital allocation. Our goal is to actively invest our Bitcoin holdings, rather than passively holding them solely for value appreciation.”
Last month, the company announced that it mined 950 BTC in May 2025. This was MARA’s highest monthly production in a year and brought its total reserves to 49,179 BTC. This gives MARA the second-largest Bitcoin treasury among publicly traded companies, behind Strategy.
MARA’s market capitalization currently stands at $6.2 billion, and its share price is trading around $19, up 25% in the last month.
Meanwhile, Two Prime, with $1.75 billion in assets under management, is the largest decentralized finance (CeFi) lender in the US, according to Galaxy Research. This investment marks a significant milestone in the company’s growth phase.
*This is not investment advice.
