MARA Holdings Increases Bitcoin Holdings to 48,237 BTC From Mining Business
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Bitcoin mining firm MARA Holdings has released its Bitcoin Production Highlights for April 2025. The report confirmed that the company’s Bitcoin holdings have increased to 48,237 BTC. It added that the increased mining capacity was central to the firm’s increased BTC stash.
MARA’s April 2025 Bitcoin Production Highlights are here: https://t.co/xsPfOZPY5q
– Energized Hashrate Grew 5.5% to 57.3 EH/s
– Increased BTC Holdings* to 48,237 BTCHear from VP of IR @RobSamuelsIR for more details on the report: pic.twitter.com/bXxTYnbozF
— MARA (@MARAHoldings) May 5, 2025
MARA Now Holds 48,237 BTC
In its last report published in early April, MARA Holdings boasted a Bitcoin portfolio of 47,531 BTC. This implies that the firm raised 706 BTC within the past month.
MARA’s CEO and chairman, Fred Thiel, explained in the report that the Bitcoin mining company raised its entire 706 BTC stash from its mining business. Thiel acknowledged that the Bitcoin miner saw a 15% decrease in blocks won month-over-month. He attributed this to the surge in hashrate, the speed at which miners perform hash computations. Such increases typically occur when the network has too many mining machines. This is not entirely surprising, as many institutions and governments have directed their attention to mining the leading cryptocurrency.
Despite MARA’s setback, it topped its hashrate by 5.5%, increasing the mining capacity of its data center in Ohio by 50 MW. This site, which can take up 200 MW, currently holds an operational capacity of 100 MW following the boost. MARA Holdings also boosted its mining rigs by 12,000 S21 Pro miners. This brought the firm’s hashrate in the past month to 57.3 EH/s.
MARA Retains Leading Position
Notably, MARA Holdings has the leading BTC portfolio among Bitcoin mining companies. The firm attained this position through various channels, including periodic BTC acquisitions.
In December, the leading Bitcoin miner spent $1.1 billion and $1.53 billion on BTC acquisitions on different occasions. The firm raised the cash for the BTC acquisition through convertible note offerings. Several institutions, like Strategy (formerly MicroStrategy) and Riot Platforms, adopted this trend to stack more BTC at the time.
The post MARA Holdings Increases Bitcoin Holdings to 48,237 BTC From Mining Business appeared first on Cointab.
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