MARA Mines 50K Bitcoin—Now the Real Hodl Strategy Begins

Bitcoin miner Marathon Digital just crossed a 50,000 BTC stockpile—enough to make even Wall Street's diamond hands look shaky. Here's why their next move could flip the script.

The Mining Giant's Power Play

While retail traders panic-sell every 10% dip, MARA's been quietly accumulating at industrial scale. Their stash now rivals some nation-state reserves—and they're still drilling.

Hodl or Fold?

Unlike hedge funds playing hot potato with BTC ETFs, these guys can't exactly paper-hand their ASIC farms. Their 'strategy'? Keep minting while Wall Street overpays for derivatives. Classic.

One thing's certain: When the suits finally understand proof-of-work, MARA will be sitting on a goldmine—literally. Until then? Keep stacking, nerds.

TLDR

• MARA has expanded its Bitcoin treasury to 50,000 BTC, currently valued at approximately $5.47 billion.
• The increase in holdings was driven by MARA’s mining operations and a rise in computational power to over 57 EH/s.
• MARA aims to reach 75 EH/s by the end of the year to boost its mining output and BTC reserves further.
• The 50,000 BTC total includes mined, loaned, collateralized, and managed Bitcoin assets under MARA’s control.
• Despite this milestone, MARA remains the second-largest public Bitcoin holder, behind Strategy with 597,325 BTC.

MARA has reached 50,000 BTC in its treasury, positioning itself as the second-largest public holder of Bitcoin. The milestone reflects MARA’s growing mining capacity and increased contribution to the digital asset ecosystem. However, it remains significantly behind Strategy, the leading public holder of Bitcoin.

MARA Hits 50,000 BTC Milestone Through Mining Growth

MARA announced its treasury has reached 50,000 BTC, with holdings valued at approximately $5.47 billion. The company attributed this growth to its enhanced mining capacity, which now exceeds 57 exahashes per second. This computational power strengthens MARA’s infrastructure and its role in the U.S. digital economy.

50,000 BTC now in MARA’s treasury.

Fueled by 57+ EH/s of computational power, reinforcing new foundations for our nation’s digital economy and energy infrastructure.

This is MARA for America in action.

Next target: 75 EH/s by year-end. pic.twitter.com/CxJZs08tLW

— MARA (@MARA) July 3, 2025

The 50,000 BTC figure includes mined Bitcoin as well as collateralized and managed assets held under MARA’s control. The miner continues expanding operations, targeting a rise to 75 EH/s by the end of the year. MARA is relying on operational growth rather than capital raising to expand its holdings.

MARA’s mining operations drive treasury accumulation, reinforcing its position in the crypto mining sector. The rise in EH/s allows MARA to generate more BTC while supporting broader network security. Despite this achievement, MARA still trails the top spot in corporate bitcoin ownership.

Strategy Maintains Lead With 597,325 BTC

Strategy continues to hold the most extensive Bitcoin treasury among public firms, recently acquiring 4,980 BTC for over $531 million. This acquisition brought Strategy’s total holdings to 597,325 BTC, reinforcing its dominant position. Strategy has used capital raises to support aggressive Bitcoin purchases.

Unlike MARA, Strategy follows a different accumulation strategy driven by external funding and investor-backed buying. This divergence highlights MARA’s operational path versus Strategy’s financial approach. The two firms remain central players in institutional Bitcoin accumulation.

MARA remains second in rank despite closing the gap slightly in recent months. With further increases in mining efficiency, MARA could accelerate treasury growth.