Mara raised Bitcoin handles to 52,477 BTC after August making

Mara holdings (Mara) reported that its bitcoin Handles rose to 52,477 BTC on August 31, after the crypto mining company made 705 BTC in the moon.
The company is mined 208 blocks, maintaining a 4.9% part of network rewards. Energized hashrate rose 1% month-to-month to 59.4 exahashes per second (Eh/s). Mara chose not to sell any BTC in August, with the management that the price drops provided an opportunity to grow the reserves.
The largest cryptocurrency fell over 6% in August, the worst performance since February.
“Due to the denial of bitcoin prices in the moon, we took the opportunity to strategically add to our treasury and currently hold more than 52,000 BTCs,” said CEO Fred Thiel.
Mara stays on the track to complete the Texas Wind Farm buildout in the fourth quarter, with all the miners on the site and connected. Internal, the company signed an agreement to buy a 64% exaion stake, an EDF subsidiary, with the option to increase to 75% by 2027. The deal aims to include Mara’s infrastructure in AI and Edge solutions.
Mara also opened the European headquarters in Paris, strengthening its focus on maintenance, grid partnerships and the repurcing of unused energy.
Mara’s shares fell 5% on Thursday and dropped 14% years to date.