Mara Holdings produces 703 bitcoin in July

“In July, our production saw a 2% month-over-month decrease in blocks won as global hashrate rebounded following seasonal curtailment and mining difficulty was 9% higher than the end of June,” said Fred Thiel, MARA‘s chairman and CEO. “Our bitcoin holdings surpassed 50,000 BTC in July, a milestone that solidifies MARA as the second-largest publicly traded holder of bitcoin globally. More importantly, this is a treasury we built through disciplined infrastructure development, scaled operations, and focused execution. We increased our energized hashrate by 3% over the previous month, and we are preparing to begin energizing the data center at our Texas wind farm in the second half of the year. Although we encountered higher than expected curtailment at our Ohio sites, our teams improved operational efficiency at Wolf Hollow and Kearney by boosting productivity and streamlining the supply chain. Looking ahead, what sets us apart is our thought leadership, worldwide operational scale, and capital and operational efficiency. As of June 30, 2025, we held over $5 billion in liquid assets, and with nearly $1 billion raised since, we have the flexibility to fund domestic growth and pursue international expansion. Unlike passive treasury companies, we treat our bitcoin as a productive, risk-managed asset. Through a disciplined asset management strategy, our holdings strengthen the balance sheet and help fund operations, which we believe will enhance long-term shareholder value. We don’t just hold bitcoin, we put it to work.”