MARA Holdings Reports April Bitcoin Production Update with Key Operational Achievements
Energized Hash Rate Grows 5.5% to 57.3 EH/s
BTC Holdings Increase to 48,237 BTC
Fort Lauderdale, FL, May 5, 2025 (GLOBE NEWSWIRE) — MARA Holdings, Inc. (NASDAQ: MARA), a leading player in the digital energy and infrastructure sector, has released its unaudited bitcoin production updates for April 2025. With a focus on monetizing excess energy through bitcoin mining, the company demonstrates strategic growth amidst evolving market conditions.
Market Context and Management Insights
In an unprecedented month for the cryptocurrency market, MARA experienced a notable decline in blocks won, attributed to the global hashrate reaching its second-largest monthly gain on record, alongside an 8% increase in mining difficulty compared to March. Fred Thiel, MARA’s chairman and CEO, notes, “Our production faced a 15% month-over-month decrease in blocks won, but we successfully expanded our energized hashrate by 5.5% over the prior month.” This growth was bolstered by the completion of a 50-megawatt (“MW”) expansion at their wholly-owned data center in Ohio, enhancing total operational capacity to 100 MW and designed to scale up to 200 MW. The installation of over 12,000 S21 Pro miners further positions MARA to capitalize on available energy sources.
Operational Developments and Eco-Friendly Initiatives
In April, the company also fully activated its 25 MW gas-to-power operations across wellheads in North Dakota and Texas. Thiel states, “These sites represent our lowest cost per BTC mined while also addressing environmental concerns by monetizing excess gas and reducing methane emissions.” This approach not only demonstrates MARA’s commitment to sustainable practices but also positions it strategically within the energy landscape.
Production Metrics and Financial Outlook
As of April 30, 2025, the company reported a total bitcoin (BTC) holding of 48,237 BTC, with no sales made in April. The operational metrics reveal a snapshot of both challenges and achievements:
| Metric | April 2025 | March 2025 | Percentage Change |
| Number of Blocks Won | 205 | 242 | (15%) |
| BTC Produced | 705 | 829 | (15%) |
| Average BTC Produced per Day | 23.5 | 26.8 | (12%) |
| Energized Hashrate (EH/s) | 57.3 | 54.3 | 5.5% |
These statistics illustrate the company’s resilience in a competitive market while also highlighting the operational enhancements that support future growth. The 5.5% increase in energized hashrate is indicative of MARA’s strategic investments in its technology and infrastructure.
Forward-Looking Statements and Investor Notice
The company urges investors to read its filings with the U.S. Securities and Exchange Commission (SEC), particularly focusing on the “Risk Factors” highlighted in its most recent Form 10-K. Investment in MARA entails significant risks, encompassing economic variability and operational challenges, as outlined in its forward-looking statements. The company cautions potential investors by emphasizing that historical performance may not reliably predict future results.
About MARA Holdings, Inc.
MARA (NASDAQ: MARA) is strategically positioned as a vertically integrated digital energy and infrastructure firm that leverages high-intensity computing, such as Bitcoin mining, to optimize power management and monetize excess energy. With a focus on sustainable energy solutions, the company aims to set standards in energy management, load balancing, and advanced cooling technologies. As part of its forward-looking strategy, MARA is committed to enhancing its service offerings for data centers and edge inference.
For ongoing updates and insights, MARA encourages interested parties to visit their official website, www.mara.com, and follow them on:
- Twitter: @MARAHoldings
- LinkedIn: www.linkedin.com/company/maraholdings
- Facebook: www.facebook.com/MARAHoldings
- Instagram: @maraholdingsinc
Contact Information:
MARA Company Contact:
Phone: 800-804-1690
Email: ir@mara.com
MARA Media Contact:
Email: marathon@wachsman.com