MARA Holdings Trading Volume Drops 42.81% Ranking 466th Despite Record Bitcoin Mining

Generated by AI AgentAinvest Market Brief
Thursday, Apr 3, 2025 8:35 pm ET1min read
MARA--

On April 3, 2025, MARA HoldingsMARA-- (MARA) experienced a significant decline, with its trading volume dropping by 42.81% to 2.97 billion, ranking 466th in the day's market activity. The stock price fell by 9.58%.

MARA Holdings, Inc. recently announced its Bitcoin production and mining operation updates for March 2025, revealing impressive figures. The company mined a total of 242 blocks, marking one of its highest monthly totals on record. This significant increase in production underscores MARA's operational efficiency and strategic focus on energy management.

Key highlights from March include an average daily Bitcoin production of 26.8 BTC, a 6% increase from the previous month. The company's Bitcoin holdings have surpassed 47,000 BTC, demonstrating its capability to accumulate digital assets steadily. Fred Thiel, the chairman and CEO of MARAMARA--, attributed the company's robust performance to its self-operated mining pool, MARAPoolMARA--, which enhances earning potential and operational efficiency without external fees.

MARA's energized hashrate increased to 54.3 EH/s, reflecting a modest rise. The company is actively working on completing a 40-megawatt data center in Ohio, expected to be finalized soon. This expansion aligns with MARA's commitment to enhancing its mining operations and energy generation capabilities. The company is also deeply engaged in energy transformation efforts, aiming to convert clean and underutilized energy resources into economic value, supporting a more sustainable future.

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