MARA Holdings, a well-known U.S.-based bitcoin (BTC) miner, has released its April 2025 Bitcoin Production Highlight, revealing a significant boost to its BTC holdings. Concluding the fourth month of the year, the company now holds about 48,237 BTC, a 706-bitcoin increase from its holding at the end of Q1 2025.
MARA’s April 2025 Bitcoin Production Highlights are here: https://t.co/xsPfOZPY5q
– Energized Hashrate Grew 5.5% to 57.3 EH/s
– Increased BTC Holdings* to 48,237 BTCHear from VP of IR @RobSamuelsIR for more details on the report: pic.twitter.com/bXxTYnbozF
— MARA (@MARAHoldings) May 5, 2025
At press time, the spot bitcoin price is $94,500 per coin. Thus, Mara’s big bag is valued at over $4.5 billion.
Notably, since MARA is a bitcoin miner, it periodically purchases the leading crypto from the open market and adds all of its mined BTC to its investment bag. Thus, regulating how much it has spent on all its crypto holdings or its average BTC purchase price will be difficult.
Mara Holdings Boosts Energy and Hashrate
According to the company’s highlight, in April, it witnessed a 15% decline from the quantity of bitcoin produced in March due to one of the most significant known global hashrate increases in history, and an 8% surge in network difficulty compared to the previous month.
However, its energized hashrate saw a 5.5% boost in April, and it completed a 50MW expansion at its Ohio-based data center. The firm also made developments to reduce the cost of each mined bitcoin.
MARA Holdings’ ability to remain productive despite the ups and downs in the BTC mining field underscores its ability to deal with the network and stay competitive under situations that have sent low-class miners packing.
In September 2024, famous BTC miner Cathedra revealed plans to suspend its mining activities as they are not profitable enough to keep increasing shareholders’ bitcoin per share. However, it noted that it will switch to data center development and spend some of its profits on BTC acquisition.
Other Miners Join BTC Acquisition Movement
Well-known Bitcoin miner, Riot, did not delay following in MARA Holdings’ footsteps. In Q4 2024, it raised $500 million from a convertible notes offering and spent the proceeds on BTC acquisition.
Its strategic BTC reserve has helped it remain in operation despite the slash in mining rewards from the 2024 Bitcoin halving event. Concluding Q1 2025, it holds about 19,223 BTC and continues to hodl its mined bitcoins.
Meanwhile, U.S. asset manager Grayscale has launched a new investment product called the Bitcoin Miners ETF, MNRS. MNRS allows investors to gain exposure to many publicly traded bitcoin mining companies.
