MARA Holdings Achieves Record Bitcoin Mining Milestone in December

MARA Holdings, Inc. Reports Record Bitcoin Production for December 2024

On January 3, 2025, MARA Holdings, Inc. announced its unaudited Bitcoin production update for December 2024. This report has attracted significant attention within the cryptocurrency industry, highlighting the company’s impressive achievements and growth in Bitcoin mining.

Key Highlights from December 2024 Update

• 249 Blocks Mined: MARA achieved a landmark by mining 249 blocks in December, which is notable as it represents the second-highest monthly output in the company’s history.
• Total BTC Acquired: Throughout 2024, the company acquired a total of 22,065 BTC, with an average purchase price of $87,205 per Bitcoin.
• BTC Mined: In addition to acquisitions, MARA successfully mined 9,457 BTC during the year.

Year-End BTC Yield and Holdings

By the end of December 2024, MARA's per-share Bitcoin yield was recorded at an impressive rate of 62.7%. The company holds a total of 44,893 BTC, which is currently valued at approximately $4.2 billion, calculated based on the spot price of $93,354 per Bitcoin.

Bitcoin Lending Program

As part of its investment strategy, MARA has actively engaged in a Bitcoin lending program. As of December 31, 2024, the company had lent out 7,377 BTC to various third parties. This strategy not only optimizes the use of their held assets but also positions MARA as a key player in the evolving cryptocurrency lending market.

Conclusion

MARA Holdings, Inc. continues to make substantial strides in the Bitcoin mining sector. With an impressive Bitcoin production record, a robust BTC yield, and a proactive approach to asset lending, the company is well-positioned for future growth in the booming cryptocurrency landscape. Investors and analysts alike will be keenly watching MARA's performance as the market evolves in 2025 and beyond.