Mara (formerly Marathon Digital) reports that his Bitcoin Holdings has risen to 49.940 BTC, which brings the digital asseturer on the edge of an important milestone of the company company and retains a broader market trend of miners who retain their produced assets.
Mara’s Holdings Positions IT as the second largest public company owner of Bitcoin, with a treasury with a value of more than $ 5.4 billion based on recent market prices. This places the company behind the only strategy (formerly MicroStrategy) in terms of publicly announced company bitcoin reserves and shows a defined accumulation strategy.
Bitcoin Treasuries (source: Bitcointreasuries.net) The movement is emblematic for a broader behavioral change in the mining sector. Bitcoin miners, once seen as a source of constant sales pressure, now behave as strategic long-term holders.
Data shows that this shift influences the market facility, whereby Wisselkaldi reach multi -year lows. The reduction of bitcoin that is available for immediate trade is often associated with long -term holding strategies. This trend from miners who retain assets can limit the available demand because the demand from instruments such as spot ETFs continues.
In a recent announcement, the chairman and CEO of Mara, Fred Thiel, commented on the operational focus of the company.
“We remain laser-oriented on transforming Mara into a vertically integrated digital energy and infrastructure company,” said Thiel, per Nasdaq.
He assumed that this model is intended to offer stricter operational control and to improve cost efficiency. In an update of 3 June, Thiel noted that record -breaking production in May, where the company produced 950 BTC, the most since the Halvat event of April 2024.
New economic pressure, including direct competition for energy from the artificial intelligence sector, test this strategy. In an interview with Bloomberg Television, Thiel recognized This challenge“”The AI boys can afford to pay a much higher amount for energy … Bitcoin my workers are forced. “
This competition for energy sources can reform the mining economy, which may promote large -scale, vertically integrated operators with safe and cheap energy sources.
The financial implications of the Bitcoin-heavy balance of Mara will be a central interest for investors during the upcoming winning report of the second quarter, that Nasdaq data estimates will be released in August.
Analysts currently have a consensus profit per share prognosis of $ -0.41 for the quarter that ends in June.
