Marathon Mines 736 BTC; Holdings Reach 52,850 BTC
Marathon Mines 736 BTC; Holdings Reach 52,850 BTC

Marathon Mines 736 BTC; Holdings Reach 52,850 BTC

News summary

Marathon Digital reported it mined 736 BTC in September (about a 4% month‑over‑month increase) and won 218 blocks, with average daily production and fleet uptime both improving. Its bitcoin treasury rose to 52,850 BTC by Sept. 30 — a holding reportedly worth about $6.4 billion — even though the company was a net seller during the month; the total includes loaned, pledged, or actively managed assets. Marathon remains the largest public bitcoin miner and the second‑largest public corporate bitcoin treasury behind MicroStrategy. Operationally, Marathon’s energized fleet hashrate was about 60.4 EH/s, the Texas wind‑powered deployment is fully operational, and the Hannibal, Ohio site is ramping toward full capacity. MARA shares saw modest gains and technical observers note the stock is testing a cup‑and‑handle neckline near $20–$21 with rising short‑term EMAs providing support.

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Last Updated
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