Chocolate Marshmallow Frosting

1 1/2 tablespoons unsalted butter
4 1/2 cups mini marshmallows (7 1/2 ounces)
3/4 cup semisweet chocolate chips 

Melt butter in a medium saucepan over medium-low heat. Add marshmallows; cook, stirring, until just beginning to melt. Add chocolate and stir until smooth.
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