MARA Releases Bitcoin Production and Mining Operation Updates for April 2025

MARA Holdings, Inc. (NASDAQ: MARA) recently announced its bitcoin production updates for April 2025, showcasing significant developments in the company’s mining operations. Despite some challenges in the cryptocurrency landscape, MARA managed to achieve substantial milestones during the month.

Fred Thiel, the Chairman and CEO of MARA, highlighted the key achievements and areas of growth for the company in April. He mentioned that there was a 15% decrease in the number of blocks won compared to the previous month. This decline can be attributed to the substantial increase in global hash rate and an 8% growth in mining difficulty from March. Despite these challenges, MARA’s energized hash rate experienced a notable 5.5% increase over the prior month.

One of the major accomplishments for MARA in April was the completion of a 50-megawatt expansion at their fully owned data center in Ohio. This expansion increased the total operational capacity to 100 MW, with plans in place to scale up to 200 MW. Additionally, over 12,000 S21 Pro miners were installed at the facility, boosting the company’s mining capabilities.

Moreover, MARA successfully energized its 25 MW gas-to-power operations across wellheads in North Dakota and Texas. These sites offer the company its lowest cost per BTC mined while also helping to monetize excess gas and mitigate methane emissions for the producers. This strategic move not only improves operational efficiency but also aligns with MARA’s goal to become a vertically integrated digital energy and infrastructure company.

Thiel emphasized that MARA is dedicated to transforming its business model to enhance operational control, improve cost-efficiency, and build resilience in the face of economic fluctuations. By focusing on becoming a vertically integrated company, MARA aims to strengthen its position in the digital energy and infrastructure sector.

In terms of operational metrics, MARA reported the following highlights for April:

– Number of Blocks Won: 205
– BTC Produced: 705
– Average BTC Produced per Day: 23.5
– Share of available miner rewards: 5.1%
– Transaction Fees as % of Total: 1.3%
– Energized Hashrate (EH/s): 57.3

As of April 30, 2025, MARA held a total of 48,237 BTC, with no sales taking place during the month. This demonstrates the company’s commitment to its cryptocurrency holdings and belief in the long-term value of bitcoin.

Investing in MARA securities comes with a high degree of risk, as outlined in the company’s financial reports filed with the SEC. Potential investors are advised to carefully consider the risks, uncertainties, and forward-looking statements before making any investment decisions. By staying focused on its strategic goals and operational milestones, MARA continues to solidify its position in the digital energy and infrastructure industry.