Bitcoin Miner MARA Expands Treasury To 50,000 BTC, Second Behind Strategy
Highlights
- MARA has expanded its Bitcoin treasury to 50,000 BTC, thanks to its mining operations.
- The Bitcoin miner boasts the second largest BTC treasury.
- Saylor's Strategy is still well ahead with 597,325 BTC.
Bitcoin miner MARA Holdings has hit the 50,000 BTC milestone, expanding its treasury in the process. This milestone has occurred thanks to its mining operations, with the miner reaching a new level of computational power in mining the flagship crypto. Despite this milestone, the Bitcoin miner is still way behind Saylor and Strategy in terms of BTC holdings.
MARA Holdings Hits 50,000 BTC Milestone
In an X post, the Bitcoin miner announced that it boasts 50,000 BTC ($5.47 billion) in its Bitcoin treasury. The company remarked that this milestone is thanks to the increase in its EH/s to 57+, which reinforces new foundations for the US’s digital economy and energy infrastructure.
The EH/s stands for exahashes per second. This is the amount of computational power that MARA uses to mine BTC. MARA stated that the next target is 75 EH/s by year-end. Meanwhile, it is worth mentioning that the 50,000 BTC in the company’s treasury includes Bitcoin that is loaned, collateralized, and ones under asset management.
Meanwhile, the Bitcoin miner is the public company with the second-largest BTC holdings, only behind Michael Saylor’s Strategy. As CoinGape reported, Strategy, previously MicroStrategy, recently purchased 4,980 BTC for $531.9 million, bringing the company’s total holdings to 597,325 BTC. Unlike MARA, Saylor and Strategy have actively raised capital to acquire more BTC.
- 99.3% of Bitcoin Supply in Profit, Analyst Warns of Short-Term Correction
- Pro-Crypto Mike Selig Emerges As CFTC Chair Frontrunner, Gains Ripple CLO’s Endorsement
- ‘Every Crypto ETF You Can Imagine’: Expert Predicts Flurry of Filings After REX-Osprey’s 21 Applications
- Robinhood Lists Strategy’s Bitcoin-Backed Stocks, Boosting Saylor’s BTC Credit Model
- Bitcoin ETFs See 2025 Record Weekly Inflows of $3.2B as BTC Eyes New ATH
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
- Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B
- Will XRP Price Hit $5 if the SEC Approves ETFs This Month?
- Bitcoin Price Hits $120K Ahead of Q4 — Can Citigroup’s Forecast Hold Up?
- Pi Network Price at Risk of Another Crash as Mysterious Whale Stops Buying
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
