Mara Holdings, former marathon digital holdings, have reached a new all-time high in Bitcoin mining income, fueled by the recent Bitcoin advances at a record price.
Company’s annual mining income exceeds $ 752 million on May 27th, According to In data from the cryptoquant, it makes it the most beneficial day in the company’s history. The marathon is currently the largest exchanged public in the world (Btc) firm mining through market capitalization.
“Quarterly reports are slow. Onchain shows revenue in real time,” the founder of cryptoquant and CEO Ki Young Ju wrote on a May 27 x7 x Post Confirms the milestone.
Marathon’s record revenue surge occurred day after Bitcoin rose to a new full time of $ 112,000 for the first time on May 22, a progress associated with some analysts in Japanese Bond Market The chaos, which has seen bond yields rise to new highs amid economic disturbance in the country.
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The income revenue arrives two weeks after Report on Mara’s income For Q1, who missed the Wall Street estimate of 0.35%. The company’s bitcoin production fell 19% year-on-year, especially Due to April 2024 Hilving Bitcoincutting the block rewards in half from 6.25 to 3.125 BTC.
Marathon is the largest Bitcoin mining firm in the world with $ 5.18 billion market capitalization, According to In CompanymarketCap data.
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Mara’s bitcoin holdings are over $ 5 billion
Despite the reduction in production, the marathon continues to expand Bitcoin handles.
Until May 27, Mara’s Bitcoin holders were 48,237 BTC worth more than $ 5.28 billion, making the Bitcoin mining firm the second largest corporate holder holder holding 0.23% of the total supply, Bitbo Data Shut up.
The top area remains the approach (formerly microstrategy), which holds more than $ 63 billion in Bitcoin.
Despite the income income, the day -to -day income of the miner has averaged around $ 50 million, significantly lower than the historic peaks of $ 80 million, which signaled that there is still a “room to climb back to the previous highs,” said the MacRo Researcher and has -set -set Axel Adler, on a May 27 x Post.
Marathon first adopted Bitcoin as a strategic owner of the Treasury reserve in July 2024, when it was Added $ 124 million worth of BTC to its balance sheet.
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