Stock Track | MARA Holdings Soars 5.07% as Bitcoin Production and Holdings Surge in 2024

Stock Track

01-03

Bitcoin miner MARA Holdings (MARA) saw its stock surge 5.07% in Friday's pre-market trading session, building on strong gains from 2024. The rally comes after the company reported blockbuster Bitcoin production and mining operation updates for December.

In a press release, MARA announced that its energized hash rate increased by an impressive 15% month-over-month to 53.2 EH/s in December. The company mined 890 BTC during the month, bringing its total BTC production for 2024 to 9,457 coins.

More significantly, MARA's BTC holdings surged to 44,893 coins as of December 31, 2024, marking a staggering 62.7% BTC yield per share for the year. The company acquired 22,065 BTC at an average price of $87,205 in 2024, in addition to its mining output. MARA currently has 7,377 BTC loaned out to third parties, generating additional returns.

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MARA currently has 7,377 BTC loaned out to third parties, generating additional returns.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MARA","symbol_name":"MARA Holdings","start_time":0,"source_url":"","article_id":"1126295892","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126295892","pubTimestamp":1735915590,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Bitcoin miner MARA Holdings  saw its stock surge 5.07% in Friday's pre-market trading session, building on strong gains from 2024. 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