Marathon Digital (MARA) has expanded its bitcoin treasury to 52,850 BTC, now valued at $6.4 billion following the addition of 373 BTC in September 2025.
MARA strengthens its bitcoin place
The corporate mined a complete of 736 BTC final month, a 4.4% enhance over August, and accounted for five.2% of all miner rewards, together with transaction charges.
This efficiency retains MARA because the main public mining firm by bitcoin holdings, although the entire contains cash which might be loaned, managed, or pledged as collateral.
In response to public bitcoin treasury knowledge, MARA is second solely to MicroStrategy, which not too long ago raised its personal whole to 640,031 BTC.
operational progress and community developments
MARA reported the profitable manufacturing of 218 blocks in September and a 1% month-to-month enhance in energized hashrate, reaching 60.4 EH/s.
All mining containers on the Texas wind farm are actually totally operational, making MARA one of many few public firms exceeding 50 EH/s. Chairman and CEO Fred Thiel famous:
“In September, we produced 218 blocks, a 5% enhance over August, demonstrating the continued power and resilience of our operations at the same time as international hashrate grew 9% month-over-month.”
Bitcoin itself closed September up 5.4% at $120,373, surpassing $120,000 for the primary time since its August peak.
business competitors and mining inventory efficiency
Regardless of sturdy manufacturing, MARA has dropped to 3rd in market capitalization amongst public mining corporations, now behind IREN and Riot Platforms.
The corporate’s share value has climbed 20% over the previous month, reflecting general sector restoration, however its market worth stays slightly below $7 billion.
cango and different miners develop treasuries
Elsewhere, Cango elevated its holdings to five,810 BTC after producing 616.6 BTC in September at a deployed hashrate of fifty EH/s.
Cango now ranks 18th amongst public bitcoin holders. CEO Paul Yu highlighted ongoing growth into high-performance computing and a continued concentrate on maximizing hashrate effectivity.
For a complete view of public miner treasuries and their bitcoin reserves, see the bitcoin mining firm holdings tracker.