MARA Holdings has significantly increased its Bitcoin treasury to 52,477 BTC, valued at $5.9 billion. This strategic move solidifies its position as the second-largest public holder of Bitcoin, trailing only Michael Saylor’s Strategy. The company made this aggressive acquisition in August, taking advantage of a 6% dip in Bitcoin’s price from its highs.
In August, MARA successfully mined 705 BTC, averaging nearly 23 coins per day, despite challenging market conditions for the crypto mining sector. According to CEO Fred Thiel, the company saw the price decline as a key opportunity to add to its reserves, reinforcing its long-term conviction in Bitcoin's value.
Beyond its treasury, MARA is also expanding its operations with a focus on sustainable energy. The company's hashrate grew to 59.4 EH/s in August, with its Texas wind farm becoming fully operational. Furthermore, MARA is set to acquire a majority stake in Exaion, a subsidiary of French energy giant EDF, a move that will integrate its infrastructure with AI-driven edge computing and help it expand into Europe.
While MARA’s stock has seen a massive 699% return over the past five years, its price remains subject to Bitcoin’s volatility and high operational costs. However, its growing reserves, focus on renewable energy, and global expansion efforts highlight its resilience and influence in the Bitcoin mining sector.
September 2025, Cryptoniteuae