MARA Holdings, Inc. reported a historic peak in bitcoin production for May 2025, mining a total of 950 BTC valued at over $100 million. This production marks a significant 35% increase compared to April and the highest since the 2024 halving. The company now holds over 49,179 BTC. CEO Fred Thiel highlighted improved operational efficiency and the competitive advantage of MARA's self-operated mining pool, which allows for full retention of block rewards and enhanced control. The recent earnings report also showcased $213.9 million in revenue for Q1 2025, reflecting a 30% year-over-year growth.
"May was a record-breaking month for MARA with 282 blocks won, a 38% increase over April and a new monthly high," said the Chairman and CEO of MARA Fred Thiel.
"Our fully integrated tech stack is a key differentiator, and MARA Pool is the only self-owned and operated mining pool among public miners, offering greater control and efficiency," stated Thiel.
"We remain laser-focused on transforming MARA into a vertically integrated digital energy and infrastructure company," commented Thiel.
"Production in May also benefitted from block reward luck. Since launch, MARA Pool's block reward luck has outperformed the network average by over 10%, contributing to our industry-leading block production."
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