MARA Holdings Smashes Bitcoin Mining Records in March, Eyes $2B Stock Sale

Hold onto your hats, crypto fans! MARA Holdings just dropped a bombshell with their March stats, raking in a whopping 829 BTC and snagging 242 blocks. That's a sizzling 17% jump from February, and folks, this ain't no small feat!

This powerhouse performance marks MARA's third-highest monthly block count ever. And get this—they pulled it off while the global mining difficulty was climbing like a rocket. Talk about competitive efficiency on steroids!

The numbers don't lie: MARA cranked out an average of 26.8 Bitcoin per day in March, up from 25.2 in February. Their share of miner rewards? A juicy 5.8%!

By month's end, MARA's Bitcoin stash ballooned to a mind-blowing 47,531 BTC, including some fancy loaned and collateralized assets. Cha-ching!

But wait, there's more! MARA Holdings Inc. dropped a bombshell in March, announcing plans to sell a cool $2 billion in stock. And what's the cash for? You guessed it—more Bitcoin! They're gonna drip-feed those shares through an at-the-market offering, keeping the crypto party going strong.

MARAPool

So, what's the secret sauce behind MARA's mining madness? Two words: MARAPool, baby! This bad boy is the only self-owned and operated pool among publicly traded miners, and it's paying off big time.

Since its launch, MARAPool has been crushing the network's average luck factor by over 10%. More blocks mined, higher rewards—ka-ching, ka-ching!

Fred Thiel, MARA's chairman and CEO, couldn't contain his excitement: "Operating our own mining pool gives us better control over our efficiency and earnings. We remain committed to strengthening our position as a leader in Bitcoin mining and energy generation." You heard it here first, folks!

And the good times keep rolling. MARA reported a 1% month-over-month increase in energized hashrate, hitting a scorching 54.3 EH/s. That's some serious firepower!

This growth is all part of MARA's master plan for world domination—I mean, infrastructure expansion. They're putting the finishing touches on a 40-megawatt data center in Ohio, set to be completed by the end of April. Get ready, Ohio—MARA's coming for you!