MARA Holdings, Inc. reported a record high month of bitcoin production in May 2025, mining 950 BTC worth over $100 million, marking a 35% increase from April and the highest monthly output since the April 2024 halving event.
MARA did not sell any bitcoin in May and now holds 49,179 BTC, valued at roughly $5.23 billion.
MARA's Chairman and CEO, Fred Thiel, attributed May's success to the company's integrated tech stack and ownership of MARA Pool, the only self-owned and operated mining pool among public miners.
Earlier, MARA posted 213.9 million dollars in revenue in the first quarter of 2025, saw its bitcoin holdings increase by 174% year-over-year, and reported a strengthened operational performance, with a near doubling of energized hashrate.