MARA Holdings Stock Surge With $5.9B in Bitcoin Reserves
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The post MARA Holdings Stock Surge With $5.9B in Bitcoin Reserves appeared first on Coinpedia Fintech News MARA Holdings has once again made headlines in the crypto mining sector, pushing its Bitcoin treasury to $5.9 billion. The company now controls 52,477 BTC, securing its spot as the second-largest public holder of Bitcoin after Michael Saylor’s Strategy. Despite a turbulent August where Bitcoin fell 6% from its highs, MARA doubled down on its long-term bet on Bitcoin. Mining Growth Despite Market Turbulence August was tough for crypto miners, but MARA managed to stay ahead. The company produced 705 BTC, averaging almost 23 coins per day. Bitcoin briefly touched $124,500 before slipping back to $107,000, yet MARA used the dip to increase its holdings. CEO Fred Thiel explained: “Given the decline in bitcoin price during the month, we took the opportunity to strategically add to our treasury and currently hold over 52,000 BTC.” This strategy highlights MARA’s belief in buying during downturns to strengthen its reserves for the next price surge. Renewable Energy Bitcoin Mining MARA is also expanding through renewable-powered mining. Its energized hashrate grew to 59.4 EH/s in August, and miners at its Texas wind farm are now fully operational. The facility is expected to reach peak efficiency by the end of 2025. By aligning with renewable energy, MARA not only lowers costs but also addresses environmental concerns around Bitcoin mining. Mara Holding Stock Surge MARA’s ambitions go beyond mining and storage. Earlier this year, the company recovered production at its Ellendale site, boosting block wins by 27%. Output rose from 591 BTC in June to 692 BTC in July. Recently, MARA also revealed plans to acquire a 64% stake in Exaion, a subsidiary of French energy giant EDF. The deal, with an option to increase to 75% by 2027,…
Filed under: News - @ September 6, 2025 7:31 am