MARA Smashes Bitcoin Mining Records—Wall Street Still Asks ’But Why?’

Marathon Digital Holdings just posted its best mining performance yet—proving once again that Bitcoin refuses to die quietly. While traditional finance scrambles to explain the ’irrational’ resilience of crypto, MARA’s rigs keep humming.

Record hashrates, soaring output—no surprise for an industry that thrives on chaos. Meanwhile, hedge funds still can’t decide if Bitcoin is digital gold or a high-risk casino chip. Some things never change.

MARA Holdings, a leading digital energy and infrastructure company, announced significant achievements in its bitcoin (BTC) mining operations for May 2025. The company reported a record-breaking performance with 282 blocks mined, reflecting a 38% increase from the previous month, according to MARA.

Production and Holdings

The company produced a total of 950 BTC in May, marking a 35% increase compared to April. MARA’s total Bitcoin holdings reached 49,179 BTC, a testament to the company’s growing influence in the digital asset sector. The company chose not to sell any of its Bitcoin holdings during the month.

Operational Highlights

Fred Thiel, Chairman and CEO of MARA, emphasized the importance of their fully integrated tech stack and the MARA Pool. As the only self-owned and operated mining pool among public miners, MARA Pool allows the company to retain the full value of block rewards, eliminating fees to external operators. The pool’s block reward luck has outperformed the network average by over 10%, contributing significantly to the high block production.

Key metrics for May included an energized hashrate of 58.3 EH/s, a 2% increase from April. The average BTC produced per day ROSE to 30.7, up 31% from April’s figures. MARA’s share of available miner rewards increased to 6.5%, up from 5.1% the previous month.

Strategic Focus

MARA continues to focus on becoming a vertically integrated digital energy and infrastructure company. This strategy is designed to enhance operational control, improve cost-efficiency, and increase resilience to economic changes. The company’s approach aims to leverage high-intensity compute to monetize excess energy and optimize power management.

As the digital asset market continues to evolve, MARA’s strategic initiatives and operational efficiencies position it well for future growth. The company’s performance in May underscores its commitment to innovation and leadership in the cryptocurrency mining sector.

• bitcoin
• cryptocurrency
• mining
• mara