MARA2026-07-02 16:00:14MARA Stock Up 2.81% as Bitcoin Holdings Surpass 50,000 BTC, Becoming Second-Largest Public HolderMARA Holdings (NASDAQ: MARA) released its July 2025 operational update: it mined 703 BTC, down 1% from June due to a 9% increase in network difficulty. However, its bitcoin holdings surpassed 50,000 BTC for the first time, reaching 50,639 BTC, making it the second-largest publicly traded bitcoin holder. CEO Fred Thiel emphasized the milestone resulted from disciplined infrastructure and operations. The company also reported a 3% increase in energized hashrate to 58.9 EH/s, and plans to energize a Texas wind farm data center in H2 2025. Mara holds over $5 billion in liquid assets and recently raised nearly $1 billion, positioning it for domestic and international expansion. The firm treats bitcoin as a productive, risk-managed asset.400
Riot Platform2026-07-02 15:00:14Riot Platforms Mines 450 Bitcoin in June, Up 76% YoY, Power Credits Double to $5.6 MillionRiot Platforms (NASDAQ: RIOT) reported mining 450 Bitcoin in June 2025, a 12% decrease from May but a 76% increase year-over-year. The company sold 397 BTC for $41.7 million at an average price of $105,071, ending the month with 19,273 BTC (more than double June 2024). Operating hash rate reached 29.8 EH/s (down 5% MoM, up 162% YoY), while fleet efficiency remained at 21.2 J/TH, an 18% improvement. Power credits surged to $5.6 million, more than double the prior month, aided by participation in ERCOT's 4CP demand response program. CEO Jason Les highlighted the strategic value of Riot's power strategy in stabilizing the grid and enhancing competitiveness. Additionally, the company completed its acquisition of Rhodium's tangible assets at the Rockdale Facility (including 125 MW capacity), marking its exit from the Bitcoin mining hosting business. The performance follows a similar April when Riot produced 463 BTC and sold 475 BTC at $81,731.570
