Record Bitcoin Mining Revenue for MARA Holdings.
MARA Holdings, the biggest public Bitcoin mining company, just had its most profitable day ever. On May 27, its yearly mining revenue hit over $752 million, thanks to Bitcoin's price jumping to a record $112,000. Even though it mined 19% less Bitcoin than last year, MARA now holds over 48,000 BTC worth $5.28 billion. The company started treating Bitcoin as a key asset in mid-2024, adding $124 million in BTC to its balance sheet.