The king of Bitcoin mining, both revenue and holdings broke records!!!
MARA Holdings (formerly Marathon Digital), the world's largest miner, achieved an annualized revenue of over $752 million after Bitcoin broke through its all-time high, setting a record high for the company!
On May 27, the company's BTC holdings reached 48,237 pieces, with a value of over $5.28 billion, ranking second in the world's corporate holdings, second only to Strategy.
Despite the halving of block rewards and the decline in production, MARA is still strongly absorbing funds, expressing its "long-term bullish" attitude towards BTC with practical actions.
The turmoil in the U.S. Treasury bond market has become an external factor, but mining companies use on-chain data to respond to doubts: the king of cycles, revenue breaking the top, and market value breaking the table.
The belief in on-chain funds remains unshakable, and the long-term logic of BTC is still hard currency!