MARA (Marathon Digital Holdings) has boosted its Bitcoin holdings to 52,477 BTC, valued at approximately $5.9 billion, according to its August production update.
MARA's Bitcoin Holdings
According to Bitcoin Treasuries, MARA is the second-largest public Bitcoin holder after Strategy, which owns 636,505 BTC valued at $72 billion. Other major holders include Twenty One with 43,514 BTC, Bitcoin Standard Treasury Company with 30,021 BTC, and Bullish with 24,000 BTC.
MARA Production Results
In August, MARA mined 705 BTC, slightly surpassing July’s production of 703 BTC and capturing 4.9% of total network rewards. The figure includes transaction fees and accounts for BTC that is loaned, managed, or used as collateral. MARA also maintained a tally of 208 Bitcoin blocks mined in August, matching July's numbers despite a 6% increase in global hashrate to 949 EH/s.
Scaling Leading Mines
In August, MARA acquired a majority stake in EDF’s Exaion, targeting AI-powered edge infrastructure with plans to boost ownership to 75% by 2027. CEO Fred Thiel emphasized the company's dual focus on energy optimization and grid stabilization through strategic partnerships.
MARA continues to take an active stance in the Bitcoin market, increasing its reserves and production capabilities, affirming its ambitions in the cryptocurrency sphere.
