May Sees Record 282 Blocks Mined, Showing a 38% Monthly Surge
Bitcoin Production Hits 950, Up 35% Month-over-Month
Bitcoin Holdings* Rise to 49,179 BTC
Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) — MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), an innovative firm specializing in digital energy and infrastructure, utilizing high-powered computing, like Bitcoin mining, to generate revenue from surplus energy and refine power usage, today announced its preliminary Bitcoin (BTC) production figures for May 2025.
Executive Insights
“May marked an unprecedented achievement for MARA, securing 282 blocks, a notable 38% increase from April, establishing a new monthly benchmark,” stated Fred Thiel, Chairman and CEO of MARA. “Our Bitcoin reserves exceeded 49,000 BTC during May, and the 950 Bitcoin mined represent the largest output since the halving event of April 2024.”
“Our comprehensive, in-house technological infrastructure sets us apart. MARA Pool stands as the exclusive, independently owned and managed mining pool among publicly traded miners, granting enhanced oversight and effectiveness. By managing our pool directly, we eliminate external operator fees and retain the full economic benefit of block rewards. May’s production also benefited from favorable block reward variance. Since its inception, MARA Pool has consistently outperformed the network’s average block reward luck by over 10%, driving our industry-leading block production.”
“Our strategic emphasis remains on evolving MARA into an integrated digital energy and infrastructure enterprise. We firmly believe this framework provides us with superior operational command, enhanced cost management, and amplified resilience against broader economic fluctuations.”
Key Operational Metrics and Updates
Figure 1: Operational Highlights
| Comparison with Previous Month | ||||||||||||
| Metric | 5/31/2025 | 4/30/2025 | % Δ | |||||||||
| Blocks Mined 1 | 282 | 205 | 38 | % | ||||||||
| Bitcoin Produced | 950 | 705 | 35 | % | ||||||||
| Average Bitcoin Produced Daily | 30.7 | 23.5 | 31 | % | ||||||||
| Share of Available Miner Rewards 2 | 6.5 | % | 5.1 | % | NM | |||||||
| Transaction Fees as % of Total 1 | 1.5 | % | 1.3 | % | NM | |||||||
| Energized Hashrate (EH/s) 1 | 58.3 | 57.3 | 2.0 | % | ||||||||
- These metrics reflect MARAPool’s performance alone and do not account for blocks obtained through collaborative ventures.
- Calculated as MARA’s total block rewards, encompassing transaction fees, during the specified period, divided by the overall block rewards and transaction fees awarded by the Bitcoin network within the same timeframe.
NM – Not Meaningful
As of the close of May 2025 (May 31, 2025), the Company’s total Bitcoin holdings reached 49,179 BTC*. MARA elected not to liquidate any Bitcoin during May.
*Includes loaned and collateralized bitcoin
Important Investor Information
Investing in our securities carries substantial risk. Before making any investment decisions, carefully review the “Risk Factors” detailed in our most recent Form 10-K annual report and other reports filed with the Securities and Exchange Commission (SEC). The occurrence of any of these risks could adversely impact our business, financial standing, or operational results. Consequently, the value of our securities could decrease, potentially leading to partial or complete loss of your investment. The listed risks are not exhaustive, and other unforeseen or currently immaterial risks may also negatively affect our business. Past financial performance is not indicative of future results, and reliance on historical trends is discouraged. Refer to the “Forward-Looking Statements” section below.
The operational highlights and updates presented in this press release are specific to our Bitcoin mining activities. For comprehensive information on our other operations, consult our periodic filings with the SEC.
Forward-Looking Statements
This press release includes forward-looking statements under federal securities laws. These statements, excluding historical facts, are forward-looking. Terms such as “may,” “will,” “could,” “anticipate,” “expect,” “intend,” “believe,” “continue,” “target,” and similar expressions, or their negatives, denote forward-looking statements, although not all such statements contain these identifiers. These statements encompass expectations about the benefits of MARA’s transition into a vertically integrated digital energy and infrastructure company. These forward-looking statements reflect management’s current expectations as of this date and are subject to risks and uncertainties. Actual results may significantly differ from those expressed or implied. Future events or changes in assumptions may alter our views. We do not commit to updating these statements unless legally required. Readers should not unduly rely on these statements, which are qualified by these cautionary notes. Actual results may vary due to factors including those in the “Risk Factors” section of our most recent Form 10-K and other SEC filings.
About MARA
MARA (NASDAQ:MARA) is a global leader in digital asset computation, pioneering innovative technologies for a sustainable and inclusive future. MARA secures the foremost blockchain ledger and drives energy transformation by converting clean, stranded, or underutilized energy into economic value.
For additional details, visit www.mara.com, or follow us on:
Twitter: @MARAHoldings
LinkedIn: www.linkedin.com/company/maraholdings
Facebook: www.facebook.com/MARAHoldings
Instagram: @maraholdingsinc
MARA Company Contact:
Telephone: 800-804-1690
Email: ir@mara.com
MARA Media Contact:
Email: marathon@wachsman.com
Source: MARA Holdings, Inc.
Released June 3, 2025