MARA Bitcoin Reserves Near 50,000 BTC in June
Date: 2025-07-02 Author: Gabriel Deangelo Categories: BUSINESS
Public mining company MARA Holdings has increased its Bitcoin holdings to 49,940 BTC as of the end of June 2025, which is equivalent to approximately $5.4 billion at the current exchange rate. This makes the company the second-largest publicly traded organization in terms of Bitcoin held, behind only Strategy.
Of the total Bitcoin, 15,534 are either pledged or placed in managed accounts, which is related to business activities. During June, MARA completely abandoned the sale of mined coins, emphasizing its intention to continue its accumulation strategy. CEO Fred Thiel noted that this result is the result of a strictly disciplined approach that combines cryptocurrency mining and strategic purchases.
Despite the increase in reserves, the company's operating performance worsened in June. Only 211 blocks were mined during the month, which is a quarter less than in May. This is due to adverse weather conditions and the need to temporarily move some of the outdated equipment to the site in Garden City after a storm.
Nevertheless, MARA does not change its ambitious plans. The company intends to increase the total hashrate to 75 EH / s by the end of 2025, which will be 40% more than last year. The report notes that MARA continues to develop infrastructure, striving to maintain a leading position among public miners.
"We are proud to have almost reached the 50,000 BTC mark - this is a reflection of the scale of our operations and the effectiveness of the chosen strategy," Thiel commented.
Earlier, the head of MARA called on the US authorities to replenish the strategic bitcoin reserve created by the administration of President Donald Trump through mining. In his opinion, without regular replenishment, this fund loses its meaning.
It should be noted that in June, miners' income from transaction fees fell below 1%, which reflects a decrease in network activity and changes in the income structure of bitcoin miners.
Thus, MARA continues to strengthen its position in bitcoin mining, despite temporary difficulties with mining and unforeseen circumstances. The company demonstrates a long-term commitment to the strategy of accumulating digital assets and developing infrastructure for further growth.
