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← MARA Holdings
Tue, Aug 4, 2026

MARA closes $750 million combined Coinbase and Two Prime BTC-collateralized term loans

Source document ↗

Key points

  • Coinbase Credit, Inc. facility: $450.0M total commitment ($300M new + $150M refinanced from a Jan 2026 line of credit), floating Fed Funds Mid Rate + 3.875%, matures Aug 4, 2028. Two Prime Lending Limited: new $300.0M fixed-rate (7.65%) term loan, matures Aug 3, 2028. Combined 18,750 BTC pledged as joint collateral.