Mara, the largest Bitcoin miner, approaches the 50,000 BTC record in her treasury
By Hannah Pérez
The largest public Bitcoin miner in the world is consolidated as the second corporate owner of Bitcoin, with a boiling of 49,940 BTC valued at more than USD $ 5 billion.
***
- Mara is just behind Strategy with 49,940 BTC in her treasury.
- “This milestone reflects our disciplined approach to accumulate Bitcoins,” said the company.
- While others pursue the same treasury strategy, Mara accelerates their purchases.
Mara Holdings, previously Digital Holdings Marathonthe biggest mining company Bitcoin public in the world, it is strengthening its position as one of the greatest corporate headlines of Bitcoin (BTC).
The company, which quotes its actions in Nasdaq, has revealed that it now has 49,940 BTC, a treasure that places the miner near the 50,000 BT threshold and makes it the second largest holder of Bitcoins that quotes in the bag behind Strategy.
The holdings of Bitcoincurrently valued at USD $ 5.3 billion, they were reported in a statement on Tuesday, where La Minera also published updates of its production by June 2025 and provided its hash rate perspective for the year.
“We are excited to get closer to 50,000 bitcoinsa testimony of the scale of our operations and the strength of our strategy. This milestone reflects our disciplined approach to accumulate bitcoins through mining and strategic purchases, and our continuous commitment to generate long -term value for our shareholders”Mara said.
As for operations, Mara secured 211 blocks in June, a 25% decrease compared to the previous month, mainly due, “to”The reduction related to the weather and the temporary deployment of older machines in Garden City while remedying the damage related to the storm“, Said the company.
The miner of Bitcoin He also indicated that he hopes to expand his Hash rate to 75 EXAHASH by the end of the year, which would represent a 40% increase with respect to the HASH rate at the end of 2024.
“As the largest public mining of Bitcoins, this objective is aligned both with our rapid expansion and our commitment to low -cost energy with an efficient capital deployment“, Said Fred Thiel, president and CEO of Mara.
Mara follows the bitcoins accumulation trend
Like a handful of other public companies, Mara has been promoting a strategy focused on the accumulation of Bitcoin as a long -term strategic asset.
Beyond the extraction of Bitcoinsthe company has invested significantly to acquire the cryptocurrency for its reserve. For example, between November and December, Mara reported having raised almost USD $ 2 billion dollars through notes convertible to 0% interest, with which it acquired 15,574 BTC, increasing its reservation to more than 25,000 BTC.
La Minera had expressed in the middle of last year her intention to make periodic purchases of Bitcoin and retain mined coins as part of your plan to adopt a “Full Hodl approach”
The intensification of the cumulative play by the mining giant occurs at a time when Bitcoin It becomes attractive as strategic reserve assets. According to data from Bitcintreasuriesjust over 250 public and private companies currently have some type of treasury Bitcoinwith Strategy leading the list with a stash of 597,325 BTC.
Other public mining companies such as Riot Platforms, CleansPark, Core Scientific and Hut 8 They also follow the BTC accumulation play.
Mara’s shares rose 1.54% on Tuesday to USD $ 15.9 at the time of writing these lines, according to Google Finance.
Hannah Estefanía Pérez / Diariobitcoin
Image of Unspash
WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.
Subscribe to our newsletter
