In the ever-evolving world of cryptocurrency, have you ever wondered how some companies manage to not just survive—but thrive—in the tumultuous waters of Bitcoin mining? MARA Holdings Inc (NASDAQ: MARA) has achieved remarkable feats that might just make your jaw drop. By merging aggressive mining strategies with intelligent stock sales, they’ve secured a staggering BTC yield of 62.7% per share in 2024! This article dives into MARA’s latest updates, showcasing how they became a formidable player in the Bitcoin mining landscape, all while navigating supply chain challenges and market volatilities. Buckle up, because we’re about to explore how MARA Holdings is helping to shape the future of Bitcoin… and you might just learn something new along the way. LEARN MORE.
Key Notes
- MARA Holdings acquires Bitcoin through mining operations and stock sales.
- The company achieved a BTC Yield per share of 62.7 percent in 2024.
MARA Holdings Inc (NASDAQ: MARA), a top-tier Bitcoin
BTC
$98 440
24h volatility:
0.0%
Market cap:
$1.95 T
Vol. 24h:
$16.32 B
miner, released its unaudited BTC production and miner installation updates for the last month of 2024. In December, MARA Holdings managed to mine the second most blocks in a month since its inception of about 249 blocks, thus a total reward of 890 Bitcoins.
According to the announcement, MARA Holdings increased its total Bitcoin hash rate by 15% to about 53.2 EH/s. As a result, the MARA Pool and Foundry mining pools now account for 38.5% of all Bitcoin blocks mined, up from 18% in January 2022. Moreover, MARA’s total hash rate surged by 168% in 2024, which heavily outpaced the entire network’s growth of 49%.
“These results underscore the substantial progress we’ve achieved in expanding our operations and enhancing performance, further solidifying our leadership within the industry,” the company noted.