logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. This Bitcoin Giant Pledges 18,750 BTC to Secure $600 Million in New Loans

    This Bitcoin Giant Pledges 18,750 BTC to Secure $600 Million in New Loans

    By: rootdata|2026/08/11 07:00:00
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    MARAMARA
    00.00%--
    BILLBILL
    00.00%--
    NOWNOW
    00.00%--
    REALREAL
    00.00%--
     

    Fortune favors the bold. MARA Holdings has pledged more than half of its Bitcoin treasury to finance a bet that has little to do with pure mining. On August 4, 2026, the Nasdaq-listed miner pledged 18,750 BTC to secure $600 million in new credit. Coinbase and Two Prime are sharing the bill. The target is not a traditional mining center; it is the Long Ridge energy site, which is ultimately capable of powering AI servers rather than rows of ASICs (the chips specialized in Bitcoin mining). Key points of this article: * MARA Holdings has pledged 18,750 BTC to secure a $600 million loan aimed at financing the acquisition of the Long Ridge energy site. * 54% of MARA's Bitcoin treasury is now locked up as collateral, reflecting a bold bet on the transition to AI and high-performance computing. On August 4, 2026, MARA Holdings formalized two credit facilities backed by its bitcoins, totaling $600 million in new loans within an overall envelope of $750 million. Coinbase provided $450 million, of which $150 million is used to refinance an existing loan. Two Prime completes the remaining $300 million. Both maturities fall in August 2028. This mechanism is common in corporate finance. The borrower deposits an asset as collateral to secure a better rate than an unsecured loan. The risk is real if the value of this asset falls below a certain threshold, which can trigger a margin call or forced liquidation. The relationship between MARA and Two Prime is not new. The manager was already handling part of the company's bitcoins in a yield strategy before this new round of funding. 54% of MARA's Bitcoin treasury is now under lock and key. The 18,750 BTC pledged were worth about $1.2 billion at the close of trading, according to Bitcoin.com News on August 5, 2026. Once the operation is completed, 54% of the company's Bitcoin treasury is locked up as collateral across all its combined credit facilities. The cushion is shrinking. This comes as MARA announced in its second-quarter results that its reserve had already been reduced to 35,577 BTC after a 29% year-on-year decline, with revenue down to $174.9 million for the period. The quarter even ended with a net loss of $611.3 million, of which $342.7 million was attributable to simple accounting adjustments on the value of the bitcoins held rather than a real cash outflow. Betting more than half of the remaining treasury on a single energy bet, in this context, amounts to playing without a safety net if the price of Bitcoin were to drop significantly. Long Ridge, 2 gigawatts for AI rather than Bitcoin. The bulk of the $600 million is to finance the acquisition of the Long Ridge energy site, with a potential capacity of 2 gigawatts. MARA aims to direct this power towards AI and high-performance computing (HPC), in addition to traditional energy infrastructure. The calculations are convincing. MARA's energized hashrate (the total computing power mobilized for mining) rose to 70.3 exahashes per second in the second quarter, up 22% year-on-year, but producing more computing power no longer guarantees the same revenues. Mining Bitcoin consumes electricity for revenue capped by network difficulty (an indicator that adjusts automatically to ensure blocks are found at regular intervals), while renting that same power to AI clients generates more income without depending on the BTC price. The operation remains subject to regulatory approvals, with a targeted closing date of November 30, 2026, extendable if necessary. MARA is not alone on this path. TeraWulf derives 27% of its revenue from AI and HPC, CleanSpark has secured 285 megawatts in Texas to build a dedicated campus, and the pivot of Bitcoin miners towards artificial intelligence is spreading across the entire sector. MARA has gone further than its peers by pledging more than half of its Bitcoin reserves on a single energy-real estate bet, with a repayment deadline set for August 2028.

    -- Price

    --

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    Gold, Copper, Uranium: The Tokenization of Commodities Takes on New Dimensions

    Gold, Copper, Uranium: The Tokenization of Commodities Takes on New Dimensions

    Tokenized gold surpasses $6 billion and the expanded market for on-chain commodities nears $7.5 billion in 2026. Here's why.
    Trump and Musk's Relationship Fully Warms: Plans to Invest at Least $100 Million to Help Republicans Win Midterm Elections

    Trump and Musk's Relationship Fully Warms: Plans to Invest at Least $100 Million to Help Republicans Win Midterm Elections

    Remember NFTs? New Project Prices Surpass Bored Apes

    Remember NFTs? New Project Prices Surpass Bored Apes

    SanDisk Investor Day Slogan: How Goldman Sachs Interprets It

    SanDisk Investor Day Slogan: How Goldman Sachs Interprets It

    Can GPUs Be Purchased in Installments? Coinbase's B3 Labs Launches B3IQ Power Model

    Can GPUs Be Purchased in Installments? Coinbase's B3 Labs Launches B3IQ Power Model

    The Great Retreat of Hong Kong Dollar Stablecoins

    The Great Retreat of Hong Kong Dollar Stablecoins

    Taco Index at 0.6, Reflecting Pressure on Trump’s Policies

    Taco Index at 0.6, Reflecting Pressure on Trump’s Policies

    An analysis suggests that Donald Trump’s so-called 'Taco' behavior is not impulsive but a repetitive policy operation responding to market and public opinion pressures. Tariffs,...
    The Return of NFT Summer: Which Projects on Robinhood Chain Deserve Attention?

    The Return of NFT Summer: Which Projects on Robinhood Chain Deserve Attention?

    SanDisk Details AI Storage Strategy, Signs $93.9 Billion Long-Term Agreement, HBF Samples to Debut in 2027

    SanDisk Details AI Storage Strategy, Signs $93.9 Billion Long-Term Agreement, HBF Samples to Debut in 2027

    Yushu Is Not Worth Its Current Price

    Yushu Is Not Worth Its Current Price

    PPI Slowdown Further Strengthens No-Hike Expectations, S&P 500 Hits Fresh High, Storage Sector Surges | WEEX TradFi Daily Brief (Aug. 14, 2026)

    PPI Slowdown Further Strengthens No-Hike Expectations, S&P 500 Hits Fresh High, Storage Sector Surges | WEEX TradFi Daily Brief (Aug. 14, 2026)

    Today’s WEEX TradFi Daily Brief covers cooling inflation data, the broader market reaching new highs, and collective strength in the storage sector, helping you quickly capture stock-token trading opportunities.

    74% of Traditional Finance Investors Shift to Cryptocurrency Exchanges as 24-Hour Trading Changes Investment Patterns

    74% of Traditional Finance Investors Shift to Cryptocurrency Exchanges as 24-Hour Trading Changes Investment Patterns

    Global investors are increasingly moving their trading from traditional financial platforms to cryptocurrency exchanges due to reasons such as 24-hour trading and lower costs. Cryptocurrency ...
    Top "Head" That Once Made $30 Million Profit with Swarms is Now Heavily Investing in $BLINK

    Top "Head" That Once Made $30 Million Profit with Swarms is Now Heavily Investing in $BLINK

    North Korea's IT Deception in Remote Hiring: A Security Test for Cryptocurrency Recruitment

    North Korea's IT Deception in Remote Hiring: A Security Test for Cryptocurrency Recruitment

    A case of a remote developer interview suspected to be linked to North Korea has once again highlighted the hiring verification issues in the cryptocurrency industry. Hacking can begin not only from code vulnerabilities but also from the processes of selecting and granting authority to individuals.
    Matt Hougan Interview: Digital Asset Market Cap to Reach $10 Trillion by 2030

    Matt Hougan Interview: Digital Asset Market Cap to Reach $10 Trillion by 2030

    Goldman Sachs to Acquire NEOS for Up to $2.25 Billion, Including Bitcoin Revenue ETF Business

    Goldman Sachs to Acquire NEOS for Up to $2.25 Billion, Including Bitcoin Revenue ETF Business

    Coinbase Faces Security Alerts in x402 Payments

    Coinbase Faces Security Alerts in x402 Payments

    A study submitted at the 35th USENIX Security Symposium indicates that 15 major x402 payment facilitators, including Coinbase, Thirdweb, PayAI, and Mogami, have security vulnerabilities. According to the study, all evaluated platforms violated at least one security rule, concentrating 99% of observe...
    Renan Santos Commits to Bitcoin at Blockchain Rio 2026: "We Can Be the Largest Crypto-Friendly Nation"

    Renan Santos Commits to Bitcoin at Blockchain Rio 2026: "We Can Be the Largest Crypto-Friendly Nation"

    The candidate attended the largest blockchain event in Latin America and discussed his proposals for the sector.
    Mortgage Loans: The Government is Considering a Plan to Boost Loans with FGS Funds from ANSES

    Mortgage Loans: The Government is Considering a Plan to Boost Loans with FGS Funds from ANSES

    The Minister of Economy confirmed in response to a question from Ámbito that he is studying, together with Human Capital, a scheme for the ANSES fund to bid for long-term fixed deposits among banks. The goal is to generate funding to enhance mortgage credit.
    Fed July rate hold was ‘absolutely’ right, Kaplan says

    Fed July rate hold was ‘absolutely’ right, Kaplan says

    Apple Issues Spyware Attack Alerts to Users in 110 Countries

    Apple Issues Spyware Attack Alerts to Users in 110 Countries

    Nubank Achieves $1 Billion Profit: What Explains the Surge

    Nubank Achieves $1 Billion Profit: What Explains the Surge

    Web3: Foreign Media Reports Solana Poised to Support Mainstream Crypto Applications

    Web3: Foreign Media Reports Solana Poised to Support Mainstream Crypto Applications

    Conflux sets v3.1.0 hard fork for Aug. 25 with seven CIPs

    Conflux sets v3.1.0 hard fork for Aug. 25 with seven CIPs

    Writer Launches New Model Palmyra X6 Focused on Cost Reduction

    Writer Launches New Model Palmyra X6 Focused on Cost Reduction

    Dollar Credits: BCRA Reveals Scheme Allowing Banks to Expand Loans to Companies

    Dollar Credits: BCRA Reveals Scheme Allowing Banks to Expand Loans to Companies

    The monetary authority established a cap of 15% of foreign currency deposits for each entity for the new permitted destinations. It will also require more capital, stricter exposure limits, and repayment capacity tests in the event of dollar fluctuations.
    Bitcoin Coalition Calls for Access to the Same AI Tools Used by Attackers

    Bitcoin Coalition Calls for Access to the Same AI Tools Used by Attackers

    Bitcoin Acquisition Channels in the U.S. Expand Through ETFs, Advisors, and 401(k) Plans

    Bitcoin Acquisition Channels in the U.S. Expand Through ETFs, Advisors, and 401(k) Plans

    Retail investors in the U.S. are expanding their channels for acquiring Bitcoin through traditional financial market avenues, such as advisor-managed portfolios, brokerage accounts for trading spot ETFs, and potentially retirement products linked to 401(k) plans. The asset is quoted at nearly US$ 63...
    web3: OpenAI Launches Ultrafast Mode, GPT 5.6 Sol Speed Increased to 14 Times

    web3: OpenAI Launches Ultrafast Mode, GPT 5.6 Sol Speed Increased to 14 Times

    United States Turns to Contractors for Cyberattacks with an Eye on Cryptocurrencies

    United States Turns to Contractors for Cyberattacks with an Eye on Cryptocurrencies

    Gold, Copper, Uranium: The Tokenization of Commodities Takes on New Dimensions

    Tokenized gold surpasses $6 billion and the expanded market for on-chain commodities nears $7.5 billion in 2026. Here's why.

    Trump and Musk's Relationship Fully Warms: Plans to Invest at Least $100 Million to Help Republicans Win Midterm Elections

    Remember NFTs? New Project Prices Surpass Bored Apes

    SanDisk Investor Day Slogan: How Goldman Sachs Interprets It

    Can GPUs Be Purchased in Installments? Coinbase's B3 Labs Launches B3IQ Power Model

    The Great Retreat of Hong Kong Dollar Stablecoins

    ...
    Invite friends, get rewards
    Invite to get up to $160 + 40% commission
    Invite friends, get rewardsInvite

    Contents

    MARA

    Latest articles

    2026/08/13

    Bitcoin Coalition Calls for Access to the Same AI Tools Used by Attackers

    MARAMARA
    00.00%--
    EDGEEDGE
    00.00%--
    OPENAIOPENAI
    00.00%--
    BASEDBASED
    00.00%--
    2026/08/13

    web3: Riot Sells 4,300 Bitcoins to Advance AI Data Center Construction

    RIOTRIOT
    00.00%--
    MARAMARA
    00.00%--
    COSTCOST
    00.00%--
    POWERPOWER
    00.00%--
    2026/08/12

    Borrowing Instead of Selling Bitcoin: Miner MARA Opens the Era of Secured Credit

    MARA pledges 18,750 BTC as collateral to secure $600 million and finance its investments without selling its Bitcoin.
    MARAMARA
    00.00%--
    RIOTRIOT
    00.00%--
    POWERPOWER
    00.00%--
    NOWNOW
    00.00%--
    2026/08/12

    Why is Bitwise still launching new products after shutting down 8 ETFs and laying off 14% of its staff?

    MARAMARA
    00.00%--
    BASEDBASED
    00.00%--
    2026/08/11

    web3: Institutions Increase Bitcoin Pledge Loans, Expanding Corporate Financing Uses

    MARAMARA
    00.00%--
    POWERPOWER
    00.00%--
    NOWNOW
    00.00%--
    THETHE
    00.00%--
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:bd@weex.com
    VIP Program:support@weex.com
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download