$2.55 billion since its March 2024.
Major clients such as MARA Holdings and CleanSpark are using bitcoin Treasury assets for financing, with loans like CleanSpark’s $100 million revolving credit facility backed by BTC. Two Prime’s growth is supported by its non-rehypothecation model(collateral kept in segregated custody), which has made it attractive to hedge funds, miners, and sovereign wealth funds.
The broader bitcoin-backed loan market now exceeds $39 billion, with traditional finance players such as JPMorgan and Block Earner exploring BTC collateral for corporate and mortgage lending. Bitcoin’s price surge past $111,000
Bitcoin is not affiliated with Earvin Phillip Eugene or its subsidiary owned corporations
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