MARA Announces Updates on Bitcoin Production and Mining Operations for April 2025
May 5, 2025
MARA Holdings, Inc. (NASDAQ: MARA), a company that specializes in digital energy and infrastructure, recently shared its bitcoin production updates for April 2025, revealing significant growth in its operations. The company, under the leadership of Fred Thiel, MARA’s chairman and CEO, reported a 15% decrease in blocks won compared to the previous month due to the substantial increase in global hashrate and an 8% rise in mining difficulty. Despite these challenges, MARA experienced a remarkable 5.5% growth in energized hashrate from the previous month.
Highlighting the company’s expansion efforts, MARA completed a 50-megawatt (MW) expansion at its fully owned data center in Ohio during April. This expansion increased the total operational capacity to 100 MW, with plans to scale up to 200 MW in the future. Additionally, MARA successfully installed over 12,000 S21 Pro miners at the Ohio location, showcasing its commitment to enhancing its mining capabilities.
In addition to the expansion in Ohio, MARA made significant progress in its gas-to-power operations last month. The company fully energized its 25 MW gas-to-power facilities across wellheads in North Dakota and Texas. These sites now provide MARA with the lowest cost per BTC mined, utilizing excess gas to mine BTC while also helping to mitigate methane emissions for gas producers.
Thiel emphasized MARA’s strategic focus on becoming a vertically integrated digital energy and infrastructure company. This approach aims to enhance operational control, improve cost-efficiency, and strengthen resilience to economic fluctuations. By integrating various aspects of its operations, MARA believes it can optimize its performance and adapt more effectively to market changes.
As of April 30, 2025, MARA held a total of 48,237 BTC*, representing its increased BTC holdings compared to previous periods. The company chose not to sell any BTC during April, demonstrating its confidence in the long-term value and potential of bitcoin as an asset.
Investing in MARA’s securities comes with inherent risks, as outlined in the company’s most recent annual report on Form 10-K and periodic reports filed with the U.S. Securities and Exchange Commission (SEC). Potential investors are advised to carefully consider these risks, uncertainties, and forward-looking statements before making investment decisions.
MARA’s growth in bitcoin production and operational expansion in April 2025 highlight the company’s commitment to innovation and strategic development in the digital energy and infrastructure sector. With a focus on efficiency, sustainability, and long-term value creation, MARA continues to position itself as a key player in the evolving landscape of cryptocurrency mining.