Particle.news

Download on the App Store

MARA Lifts Bitcoin Treasury to 52,477 BTC After Mining 705 Coins in August

The miner bought the dip to grow reserves, supported by a 59.4 EH/s energized hashrate.

Overview

  • August production totaled 705 BTC from 208 blocks, capturing about 4.9% of network rewards.
  • Holdings reached 52,477 BTC worth nearly $6 billion, with no sales in August and opportunistic purchases during the price decline.
  • Energized hashrate rose to roughly 59.4 EH/s as average global hashrate increased about 6% in August to around 949 EH/s.
  • The Texas wind farm remains on track for fourth-quarter completion with all miners installed and connected.
  • MARA signed a deal to acquire 64% of EDF subsidiary Exaion with an option to lift it to 75% by 2027 and opened a European headquarters in Paris, while shares fell about 5% after the update.