Maestro Debuts Bitcoin Credit Market for Institutional BTC Mining Yield

Maestro has introduced Mezzamine, a Bitcoin-denominated credit market designed to connect institutional investors with Bitcoin miners. The platform aims to provide a new yield-generating opportunity for BTC holders while offering miners access to capital for expansion. The initial program, in partnership with Sazmining, targets an annual yield of 8% to 9%. Mezzamine addresses the financing gap faced by Bitcoin miners, who often rely on dollar-denominated debt and face liquidation risks during market downturns. The credit facility incorporates bear-market protection features, including hedging strategies tied to Bitcoin prices and mining fleet economics, to stabilize performance. Loans are denominated in Bitcoin, reducing the risk of margin calls triggered by dollar-denominated debt. Maestro reports over 1,500 BTC in borrowing demand from mining operators.

(Source：Cointelegraph)