Two Prime, an SEC-registered investment adviser and institutional lender managing around $1.75 billion in assets, said it secured a $20 million equity investment in a round led by bitcoin (BTC) miner MARA Holdings (MARA).
In addition to taking an equity stake in the firm, MARA raised the number of bitcoin allocated for participation in Two Prime’s institutional yield strategies to 2,000 BTC from 500 BTC, the adviser said in a release shared with CoinDesk.
The move comes as corporate, institutional, and sovereign entities intensify their interest in active bitcoin management beyond passive holding. Two Prime CEO Alexander Blume described the investment as reflecting a shift toward yield-focused strategies that meet institutional standards for risk management and transparency.
By increasing the number of bitcoin allocated to Two Prime, the miner aims to transform its bitcoin holdings into an active asset that generates returns, rather than relying solely on price appreciation, MARA CFO Salman Khan said in the release.
Two Prime’s yield offerings are tailored for institutional investors, prioritizing capital preservation and risk-adjusted returns. The firm’s lending arm was recently ranked the largest centralized-finance lender in the U.S. by Galaxy Research, signaling strong momentum as digital assets become central to treasury management.
Susquehanna Crypto also participated in the funding round.
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