MARA increases monthly bitcoin production by 5% in September

MIAMI - MARA Holdings, Inc. (NASDAQ:MARA) mined 736 bitcoin in September, representing a 4% increase from August, according to a company press release. The company’s stock has shown remarkable momentum, gaining over 67% in the past six months. According to InvestingPro, analysts have recently revised their earnings expectations upward, with the company expected to remain profitable this year.

The digital energy and infrastructure company won 218 blocks last month, up 5% from the 208 blocks in August, despite global hashrate growing by 9% to an average of 1,031 EH/s during the same period.

MARA’s energized hashrate increased to 60.4 EH/s, a 2% rise from the previous month. The company reported that its Texas wind farm deployment is now fully connected, with operations expected to reach full capacity in the fourth quarter.

"This growth in production underscores our ability to execute consistently, even as mining becomes more difficult," said Fred Thiel, MARA’s chairman and CEO.

The company also noted improved operational efficiency at its Hannibal, Ohio site, which is now running at 100% capacity with 86 MW online and plans for an additional 14 MW by year-end. The site’s uptime has increased to 99% since MARA assumed full control.

Overall fleet uptime reached 99%, with temporary weather-related disruptions affecting only the Garden City location.

As of September 30, MARA held 52,850 bitcoin in its reserves, which includes bitcoin that is loaned, actively managed, or pledged as collateral. The company reported a net sale of bitcoin from its digital asset management activities during the month.

MARA’s share of available miner rewards stood at 5.2% for September, compared to 4.9% in August.

In other recent news, MARA Holdings, Inc. reported mining 208 bitcoin blocks in August 2025, maintaining its July production levels despite a 6% increase in global hashrate. The company increased its bitcoin holdings to 52,477 BTC as of August 31, producing 705 bitcoins throughout the month. In a strategic move, MARA Holdings announced plans to acquire a 64% stake in Exaion, a subsidiary of French energy producer EDF, for $168 million in cash. This acquisition includes an option to increase ownership to 75% by 2027, contingent on certain milestones.

Additionally, MARA Holdings appointed Gérard Mestrallet as a senior advisor and established its European headquarters in Paris. Mestrallet brings extensive experience, having served as Chairman and CEO of ENGIE and holding advisory roles with prominent companies. Meanwhile, MARA Holdings was also in the news as bitcoin-linked stocks, including MARA, experienced a decline following a retreat in cryptocurrency prices. These developments are part of MARA Holdings’ ongoing efforts to expand its operations and strategic positioning in the digital energy sector.

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