MARA produced 703 BTC in July 2025, down 1% month-over-month, and mined 207 blocks (–2%) even as energized hashrate climbed 3% to 58.9 EH/s, according to MARA’s monthly mining update.
CEO Fred Thiel attributed the dip in blocks won to a 9% jump in mining difficulty as global hashrate rebounded from seasonal curtailment. He highlighted that energized hashrate grew by 3% and that MARA’s bitcoin treasury surpassed 50,000 BTC, ending the month with 50,639 BTC on its balance sheet.
Thiel noted that, while the company’s Ohio sites experienced higher than expected curtailment, its Wolf Hollow, TX and Kearney, NE sites had more efficient uptime. He also confirmed plans to energize the mining site at the company’s Texas wind farm in the second half of the year.
MARA has over $5 billion in liquid assets (mostly bitcoin) and has raised nearly $1 billion since June 30.
Read More: Rosenblatt reiterates Buy rating on MARA, sees 20% upside
At time of publication, MARA is up 1.6% during pre-market hours.
