Mara increases Bitcoin Holdings to 52,477 BTC after the August production

Mara Holdings (Mara) reported that his bitcoin Holdings climbed at 52,477 BTC on August 31, after the Crypto Mining Company produced 705 BTC during the month.

The company has undermined 208 blocks, now a share of 4.9% of network awards. Hashrate energy has increased by 1% per month to 59.4 exams per second (Eh / s). Mara chose to sell no BTC in August, the management noting that the drop in prices made it possible to develop reserves.

The largest cryptocurrency fell by more than 6% in August, the worst performance since February.

“Given the drop in the price of bitcoin during the month, we took the opportunity to add strategically to our treasure and currently hold more than 52,000 BTC,” said CEO Fred Thiel.

Mara stays on the right track to complete its construction of Texas Wind Farm in the fourth quarter, with all minors on site and connected. Internationally, the company has signed an agreement to buy a 64% stake in Exion, an EDF subsidiary, with the possibility of increasing 75% by 2027. The agreement aims to integrate Mara infrastructure with AI and on -board solutions.

Mara has also opened its European headquarters in Paris, strengthening its accent on sustainability, grid partnerships and reuse of unused energy.

Mara’s shares fell 5% on Thursday and dropped by 14% over a year.

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