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Two Prime Posts Record $827 Million in Q3 Bitcoin-Backed Loans as Commitments Reach $2.55 Billion

The company credits institutional demand for yield-focused bitcoin strategies.

Overview

  • Two Prime says it has become one of the largest bitcoin-backed lenders serving miners, hedge funds, trading firms, and corporate treasuries.
  • Publicly listed clients cited by the firm include CleanSpark, Hut 8, Kindly MD, and Fold.
  • CEO Alexander S. Blume ties the surge to growing institutional bitcoin adoption and demand for sophisticated lending and derivatives solutions.
  • The lender emphasizes competitive pricing and risk-management tools, including derivatives strategies and institutional custody arrangements.
  • Earlier in 2025, Two Prime secured $20 million in funding led by MARA Holdings, supporting its expansion.