MARA Holdings achieved a record Bitcoin production of 950 BTC in May, marking a 35% increase from April. The company won 282 blocks during the month, increasing its hashrate to 58.3 exahash per second. This production surge coincided with Bitcoin's rise above $112,000, offering a favorable backdrop for crypto markets. Notably, MARA Holdings has bolstered its Bitcoin treasury to 49,228 BTC, valued at approximately $5.3 billion, without selling any Bitcoin in May. Compared to MARA, Riot Platforms produced 514 BTC, an 11% growth, but notably sold 500 BTC in the same period. Despite these production successes, MARA reported a $533 million net loss in Q1 2025, showcasing the challenges faced amid its growth strategy. Investors reacted positively, with MARA stock rising following the announcement of its strategic plans to buy, produce, and compound Bitcoin.

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