MARA Increases Bitcoin Holdings, Reaches New Record High

MARA has expanded its Bitcoin holdings to over $5.9 billion, reaching a milestone of 52,477 BTC. This significant increase comes from the company’s latest monthly report, which also details progress in mining operations, infrastructure upgrades, and global expansion plans. Notably, August saw MARA mine 705 BTC, representing 4.9% of all miner rewards, including transaction fees. This reflects a 6% month-over-month rise in the global Bitcoin hashrate, reaching 949 EH/s as well.