Marathon has announced an important milestone, reaching 50,000 BTC in reserves due to an increase in computational power. However, the firm still lags behind MicroStrategy, led by Michael Saylor.
Marathon and Its BTC Reserves Growth
Marathon announced the milestone on social media, highlighting that its increased mining power, now surpassing 57 exahashes per second (EH/s), was key to reaching this level of reserves. This boost in computational strength not only supports its BTC production but also positions Marathon as a foundational player in the digital infrastructure being shaped across the U.S.
Comparison with Michael Saylor's Strategy
Marathon’s BTC stash, valued at approximately $5.47 billion, includes assets held directly, those under management, and others used as loan collateral. Despite this impressive figure, Marathon still trails Michael Saylor’s Strategy (formerly MicroStrategy), which leads public companies with more than 597,000 BTC on its books. Strategy continues to aggressively accumulate coins, recently adding nearly 5,000 BTC in a single purchase.
Future Plans of Marathon
Looking ahead, Marathon isn’t slowing down. The firm has set its sights on reaching 75 EH/s by the end of the year, a move that could significantly ramp up its mining capacity and reinforce its position as the second-largest corporate Bitcoin holder.
This milestone underscores Marathon’s commitment to Bitcoin and signals growing institutional entrenchment in the digital asset space, where mining giants are rapidly becoming major custodians of value.
