Mara Holdings (Mara) He informed that his bitcoin Holdings rose to 52,477 BTC as of August 31, after the cryptographic mining company produced 705 BTC during the month.
The company undermined 208 blocks, maintaining a 4.9% stake in network rewards. The energized hashrate increased by 1% month to month to 59.4 exahasos per second (Eh/s). Mara opted not to sell any BTC in August, and Management said that the price decrease provided the opportunity to grow reservations.
The largest cryptocurrency fell more than 6% in August, the worst performance since February.
“Given the decrease in Bitcoin’s price during the month, we take the opportunity to strategically add our treasure and currently retain more than 52,000 BTC,” said CEO Fred Thiel.
Mara remains on her way to complete its construction of Texas wind farm in the last quarter, with all the miners on the site and connected. Internationally, the company signed an agreement to buy a 64% participation in Exaion, an EDF subsidiary, with the option of increasing 75% by 2027. The agreement aims to integrate Mara’s infrastructure with AI and EDGE solutions.
Mara also opened her European headquarters in Paris, reinforcing her focus on sustainability, network associations and the reuse of unused energy.
Mara’s shares fell 5% on Thursday and have dropped 14% year to date.
