Marathon Digital Holdings (MARA) reported mining 705 Bitcoin (BTC) in August 2025, a slight increase from July's 703 BTC, bringing its total holdings to 52,447 BTC.
CEO Fred Thiel stated that the company took advantage of Bitcoin's price decline—which fell over 6% in August, the worst performance since February—to strategically add to its treasury, emphasizing confidence in long-term value. MARA did not sell any BTC during the month.
In comparison to rivals, MARA outperformed with Riot Platforms producing 477 BTC, CleanSpark 657 BTC, and BitFuFu 408 BTC (a 12% month-over-month decline). The global network hashrate increased by 6% to an average of 949 EH/s, raising mining difficulty from 118 trillion to nearly 130 trillion, underscoring heightened competition.
MARA's stock price fell nearly 5% after the update but gained 1.6% in pre-market trading. Year-to-date, MARA stock is down 14%, while Bitcoin is up 4% in Q3, trading around $112,000 at reporting time. The company is also advancing its Texas wind farm buildout and has signed an agreement to acquire a 64% stake in Exaion, focusing on sustainability and AI integration.