MARA’s Bitcoin Mining Revenue Hits Record $752 Million as BTC Price Surges

Marathon Digital Holdings (formerly Marathon Digital Holdings), a leading Bitcoin mining firm, has achieved its highest ever revenue, reaching an astounding $752 million on May 27th. This impressive milestone is fueled by the recent surge in Bitcoin’s price to a record high of $112,000, according to CryptoQuant data. The company surpassed annualized mining revenue estimates, establishing itself as the world’s largest publicly traded Bitcoin mining firm by market capitalization. Analysts attribute this remarkable increase to expanding DeFi applications and growing institutional investments in Bitcoin.