Mara Holdings, a well – known publicly – traded Bitcoin mining company in the United States, has witnessed a significant increase in its BTC production in May 2025. Despite the rising mining difficulty and hash rate, the company produced 950 bitcoins, representing a 35% month – over – month increase, as stated in its unaudited BTC production update report released on June 3. Additionally, the company set a new monthly high by earning 282 blocks in May, a 38% increase compared to April.
According to CoinGecko, with the new BTC production, Mara has increased its Bitcoin holdings to 49,179 BTC, which is worth approximately $5.2 billion as of the writing of this article. Salman Khan, the chief financial officer of MARA, confirmed that the company did not sell any bitcoins in May. Fred Thiel, the chairman and CEO of Mara, pointed out that the company’s Bitcoin production in May was the highest since the halving event in April 2024.
Thiel also mentioned that Mara’s fully integrated technology stack is a “key differentiating factor” as the company is the only publicly – traded miner that owns and operates its own mining pool. Operating its own pool allows Mara to avoid paying fees to external operators and retain the full value of block rewards. The block reward luck of the MARA pool has been more than 10% above the network average since its launch, which has contributed to the company’s industry – leading block production.
Moreover, Mara’s computing power reached a record – high 58.3 EH/s in May, with a month – over – month growth of 2%. These achievements are attributed to the company’s infrastructure expansion, such as the installation of 12,000 Bitmain S21 Pro miners at its Ohio facility and the full energization of low – cost gas – powered operations. The company has expanded its Ohio data center to 100 megawatts and plans to scale it to 200 megawatts.
According to Blockchain. com, the BTC hash rate reached 942 EH/s on May 31, hitting a high level. Despite the increasing difficulty of Bitcoin mining, Mara’s mining record keeps being updated, and it remains committed to its transformation into a vertically integrated digital energy and infrastructure company, aiming to enhance its operational control, cost – efficiency, and resilience to economic changes.
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