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MARA Holdings mined a total of 706 Bitcoins in February, with production decreasing by 6% month-on-month

MARA Holdings mined a total of 706 Bitcoins in February, with production decreasing by 6% month-on-month

Bitget2025/03/05 00:51
BTC+0.18%

The operational data for MARA Holdings in February 2025 shows a month-on-month decline in both its Bitcoin production and block wins for that month. The company mined a total of 706 Bitcoins in February, representing a 6% decrease from the previous month. At the same time, MARA won 206 blocks in February, down by 6% from the previous month. The company stated that the main reasons for this drop were an increase in Bitcoin network difficulty and three fewer operating days in February compared to January. Despite declines in Bitcoin production and block wins, MARA's stock remained relatively stable throughout February. As of February 28th, MARA's closing stock price was $13.94 USD, up by 1.3% on the day despite spending most of it trending downwards. However, looking at longer-term trends reveals that over the past month alone, MARA's share price has fallen nearly 21%, which aligns with a broader trend of both Bitcoin and wider cryptocurrency markets falling by around10%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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