The public mining company MARA Holdings concluded June 2025 with a record Bitcoin balance of 49,940 BTC. At the time of this report, the value of this asset is estimated at $5.4 billion, securing MARA’s position as the second-largest Bitcoin holder among public companies, following Strategy.
This is reported by Business • Media
Development of Accumulation Strategy and Financial Performance
According to the company’s official report, 15,534 BTC of the mentioned total is pledged or held in managed accounts for business purposes. Throughout June, MARA did not sell any Bitcoins, demonstrating its commitment to a long-term strategy of accumulating the digital asset. The company’s chairman, Fred Thiel, emphasized that these results were made possible by a disciplined approach to acquiring Bitcoin through both mining and strategic purchases.
“We are pleased to approach the 50,000 BTC mark, which is a testament to the scale of the company’s operations and the strength of our strategy,” Thiel stated.
Company Mining and Technical Development
Operational metrics in June 2025 slightly declined: MARA mined 211 blocks, which is 25% less compared to May. This decrease is attributed to weather constraints and equipment rotation caused by a storm and the need to temporarily relocate mining installations to the Garden City site.
Despite these temporary challenges, MARA announced plans to increase its hash rate to 75 EH/s by the end of 2025, which is 40% higher than the figures at the end of 2024. The company continues to invest in infrastructure development to maintain its leadership position among public miners.
Additionally, the CEO of MARA previously urged the U.S. government to actively mine Bitcoin to replenish the strategic cryptocurrency reserve established at the initiative of President Donald Trump. In his view, only with active replenishment will this “crypto fund” have real significance for the country.
It is worth noting that in June, the revenue of Bitcoin miners from transaction fees fell below 1%.