MARA Announces Bitcoin Production and Mining Operation Updates for July 2025

Core Insights - MARA Holdings, Inc. reported a 2% month-over-month decrease in blocks won and a 1% decrease in Bitcoin produced for July 2025, with total Bitcoin holdings surpassing 50,000 BTC, making it the second-largest publicly traded holder of Bitcoin globally [1][3][7] Production Metrics - Number of blocks won in July: 207, down from 211 in June, representing a 2% decrease [6] - Bitcoin produced in July: 703 BTC, down from 713 BTC in June, a 1% decrease [6] - Average Bitcoin produced per day: 22.7 BTC, down from 23.8 BTC in June, a 4% decrease [6] - Energized hashrate increased by 3% to 58.9 EH/s compared to 57.4 EH/s in June [6] Financial Position - As of June 30, 2025, the company held over $5 billion in liquid assets and raised nearly $1 billion since then, providing flexibility for domestic growth and international expansion [5] - The company treats its Bitcoin holdings as productive, risk-managed assets, aiming to enhance long-term shareholder value through disciplined asset management [5] Operational Developments - The company is preparing to energize the data center at its Texas wind farm in the second half of the year [4] - Operational efficiency improvements were noted at the Wolf Hollow and Kearney sites despite higher than expected curtailment at Ohio sites [4]