MARA’s Bitcoin mining revenue hits record $752M as BTC price soars 💹
MARA Holdings, formerly Marathon Digital Holdings, reached a new all-time high in Bitcoin mining revenue, surpassing $752 million amid Bitcoin's record price rise. As of May 27, Marathon remains the largest publicly traded Bitcoin mining firm by market capitalization.
The revenue milestone followed Bitcoin's rise to an all-time high of $112,000, influenced by turbulence in the Japanese bond market. However, MARA’s Q1 earnings report showed a 19% decline in Bitcoin production, primarily due to the April 2024 Bitcoin halving, which reduced block rewards.
Despite reduced production, Marathon expanded its Bitcoin holdings to 48,237 BTC, valued at $5.28 billion, making it the world's second-largest corporate Bitcoin holder. Marathon continues to hold Bitcoin as a strategic treasury reserve asset since July 2024.
Similar articles (17)
MARA increases Bitcoin production by 35% amid new hashrate highs
MARA hits monthly mining milestone, holds all 950 BTC to grow second-largest public crypto treasury
MARA Hits Record-High Bitcoin Production in May
Bitcoin Miner MARA Holdings Posts Record Block Wins, Produces 950 BTC in May
MARA Sets Post-Halving Record With Highest Bitcoin Production Since January 2024
MARA Bitcoin Production Slides 25% as Mining Environment Toughens
MARA Announces Over $100 Million in Bitcoin Mined in May 2025
Bitcoin: MARA Holdings marks a historic record in production in May
MARA Achieves Record 950 BTC Mined in May With Total Holdings up to 49,179 BTC
MARA Historical Record: $752M From Bitcoin Mining
Why MARA Stock Could Outperform Bitcoin in This Bull Market
MARA Holdings May See Potential Growth as Bitcoin Treasury Nears 49,228 BTC Amid Production Record
MARA Reports 35% Surge in May Bitcoin Mining Output, Boosting Holdings to 49,179 BTC
Mara May See Increased Bitcoin Holdings Amid Rising Mining Difficulty and Hashrate
MARA Holdings May See Increased Bitcoin Mining Efficiency with 282 Blocks Mined
MARA Achieves Record Bitcoin Mining Revenue Amid Market Surge, With Holdings Exceeding $5 Billion
