MARA produced 703 BTC in July, bringing total holdings to a record high of 50,639 coins.

According to news from HashChain, MARA Holdings, Inc. (NASDAQ: MARA) announced the latest progress in Bitcoin production and mining operations for July 2023, as reported by GlobeNewswire. Data shows that the company mined a total of 207 blocks in July, a decrease of 2% month-over-month; it produced 703 Bitcoins, a decrease of 1% month-over-month. As of July 31, MARA's Bitcoin holdings reached 50,639 coins, setting a new record and solidifying its position as the second-largest publicly listed Bitcoin holder in the world. The company also announced a 3% increase in hash rate and plans to launch a data center at a wind farm in Texas in the second half of the year. Despite some locations in Ohio being affected by restrictions, MARA achieved stable overall capacity growth by enhancing operational efficiency and optimizing its supply chain.