While Bitcoin’s market has seen some ups and downs this summer, MARA Holdings, Inc. has quietly been growing its cryptocurrency footprint. According to a recent press release, the company now holds nearly $6 billion worth of Bitcoin — a total of 52,477 BTC.
This positions MARA as the second-largest public corporate Bitcoin holder, trailing only Michael Saylor’s Strategy.
August Mining Output Keeps Momentum
MARA mined just over 700 BTC in August, maintaining an average pace of 22.7 BTC per day.
Despite Bitcoin’s price dipping about 5% during the month — briefly peaking near $124,400 mid-month before dropping toward $107,000 — the company opted to expand its treasury rather than sell.
CEO Fred Thiel noted, “Given the decline in Bitcoin price during the month, we took the opportunity to add to our treasury and currently hold over 52,000 BTC.”
Hashrate Gains Signal Growing Mining Power
The company also reported that its energized hashrate climbed to 59.4 EH/s.
At MARA’s Texas wind farm, all miners are installed and connected, with the site expected to be fully operational by Q4 2025.
Production momentum carried through the summer: block wins jumped 27% in July after recovery at the Ellendale site, increasing monthly output from 591 BTC in June to 692 BTC in July, before hitting 705 BTC in August.
MARA’s Place Among Public Bitcoin Holders
Public filings confirm that MARA holds the second spot in Bitcoin ownership among publicly traded companies, with Strategy remaining in the lead at roughly 636,505 BTC after an additional $449 million purchase.
Other top corporate holders include Twenty One with 43,514 BTC, Bitcoin Standard Treasury Company with 30,020 BTC, and Bullish with 24,000 BTC.
Over the past five years, MARA shareholders have enjoyed a total return of 700%, although recent fluctuations in Bitcoin prices and high operational costs have tempered short-term gains.
Expansion Plans Take MARA Beyond Mining
MARA is not just mining Bitcoin; the company is also pushing into new territory.
It recently announced plans to acquire a 64% stake in Exaion, a unit of French energy giant EDF, with an option to increase ownership to one-third by 2027.
The move is aimed at combining MARA’s infrastructure with AI-driven edge solutions to reduce costs and support Europe’s growing AI needs.
Building a Leading Position in Bitcoin
With 52,477 BTC valued at nearly $6 billion, MARA has cemented itself as a major player in the corporate Bitcoin space.
Its combination of steady mining growth, strategic treasury expansion, and forward-looking energy and AI partnerships positions it for continued influence in both the crypto and tech sectors.