MARA Holdings reportedly mined 950 Bitcoin in May, a 35% increase from the previous month. It’s the firm’s highest output since April 2024.
Additionally, MARA recorded 282 mining blocks, a 38% month-over-month increase.
According to the company’s CEO, Fred Thiel, MARA Holdings’ record-breaking month can be attributed to the firm’s exclusive MARA pool block. This allowed the company to retain full mining rewards without paying additional fees to third parties.
The proprietary pool block also outperformed the Bitcoin network by 10%.
MARA holds a total of 49,179 BTC, as of this writing. The company indicates no interest in selling any portion of its reserves this month, after securing a 500 BTC investment with Two Prime.
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