MARA Holdings Bitcoin Production Surges 35% in May 2025

MARA Holdings, a prominent player in the digital energy and infrastructure sector, reported a significant achievement in its bitcoin mining operations for May 2025. The company announced that it had won a record-high 282 blocks, marking a 38% increase from the previous month. This achievement contributed to the production of 950 bitcoins, representing a 35% rise in bitcoin production compared to April 2025. The 950 bitcoins produced in May were the highest since the halving event in April 2024.

Fred Thiel, MARA's chairman and CEO, highlighted the company's fully integrated tech stack as a key differentiator. MARA Pool, the company's self-owned and operated mining pool, offers greater control and efficiency, eliminating the need for fees to external operators and retaining the full value of block rewards. The pool's block reward luck has outperformed the network average by over 10%, contributing to MARA's industry-leading block production.

MARA's total bitcoin holdings surpassed 49,000 BTC during May, with the company opting not to sell any BTC during the month. The operational highlights for May included an average of 30.7 BTC produced per day, a 31% increase from the previous month. The company's share of available miner rewards was 6.5%, and transaction fees as a percentage of total rewards were 1.5%. The energized hashrate for May was 58.3 EH/s, a 2% increase from April.

MARA's operational strategy focuses on transforming into a vertically integrated digital energy and infrastructure company. This model aims to provide tighter operational control, improve cost-efficiency, and enhance resilience to broader economic shifts. The company's integrated tech stack and self-owned mining pool are central to this strategy, enabling MARA to optimize power management and monetize excess energy effectively.

The company's forward-looking statements emphasize the potential benefits of its transformation into a vertically integrated digital energy and infrastructure company. However, these statements are subject to various risks and uncertainties that could impact actual results. MARA's past financial performance may not be a reliable indicator of future results, and historical trends should not be used to anticipate future outcomes.