Marathon Digital Holdings reported 705 bitcoins mined in August, a slight increase from July. Wall Street analysts predict a 51.01% upside based on the average target price, while the GF Value indicates a 47.25% potential upside for MARA stock. The company's mining capacity grew by 1% to 59.4 EH/s, boosting its reserves to over 52,000 BTC.
Title: Marathon Digital Holdings Reports Strong August Mining Performance
Marathon Digital Holdings (NASDAQ: MARA) reported robust mining performance for August 2025, with a slight increase in bitcoin production compared to July. The company mined 705 bitcoins, up from 703 in the previous month. This growth is attributed to a 1% increase in energized hashrate, reaching 59.4 EH/s [1].
The company's total bitcoin holdings also saw a significant increase, reaching 52,477 BTC. This includes bitcoins that are loaned, actively managed, or pledged as collateral. The increase in holdings is attributed to the strategic addition to the treasury during the month, despite a decline in the bitcoin price [1].
Wall Street analysts predict a 51.01% upside for MARA stock based on the average target price, while the GF Value indicates a 47.25% potential upside. These predictions reflect the market's optimism about the company's mining operations and strategic moves [2].
MARA's operational highlights for August include a 1% increase in hashrate and a 6% month-over-month increase in global hashrate. The company's Texas wind farm is on track to be fully operational by the fourth quarter of 2025, with all containers and miners on-site and connected [1].
Additionally, MARA recently announced the signing of an investment agreement to acquire a 64% stake in Exaion, a subsidiary of EDF, one of the world's largest low-carbon energy producers. This joint venture aims to develop new solutions that can lower the cost of processing and secure the edge infrastructure supporting the growing AI economy. The transaction is expected to close in Q4 2025, subject to customary closing requirements and regulatory approval [1].
In terms of financial performance, MARA's market capitalization stands at $5.92 billion, with a price-to-earnings ratio (PE ratio) of 10.94. The stock has traded within a range of $9.81 to $30.28 over the last year, with the last closing price at $15.98 [2].
References:
[1] https://www.globenewswire.com/news-release/2025/09/04/3144965/0/en/MARA-Announces-Bitcoin-Production-and-Mining-Operation-Updates-for-August-2025.html
[2] https://investorshub.advfn.com/stock-market/NASDAQ/mara-MARA/stock-price
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