According to a press release , MARA Holdings, Inc. now reports holdings valued at close to $6 billion , totaling 52,477 BTC. That level puts the miner among the largest public corporate Bitcoin holders, trailing only Michael Saylor’s Strategy in the public treasury rankings.

Mining Output And Treasury Growth

MARA produced a little over 700 BTC in August, and it kept an average pace of 22.7 BTC mined per day for the month.

Bitcoin’s price fell about 5% during the period; prices peaked near $124,400 mid-month before slipping toward $107,000. Based on reports, the company chose to add to its treasury rather than sell, buying the dip and increasing its Bitcoin reserve to the current level.

“Given the decline in Bitcoin price during the month, we took the opportunity to add to our tr

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