MARA Fully Deploys Texas Wind Farm & Ohio Facility, Boosts Bitcoin Production & Holdings
MARA Holdings, Inc. (NASDAQ: MARA) has fully deployed its Texas wind farm and Ohio facility, gearing up for expanded operations in Q4. The company, which is the second-largest bitcoin treasury holder among public companies, has seen a significant increase in its bitcoin production and holdings.
In September, MARA produced 736 bitcoin, marking a 4% month-over-month increase. This boost in production, coupled with its existing holdings, has led to a total of 52,850 bitcoin as of the end of September. The company's energized hashrate also climbed 1% to reach 60.4 EH/s, indicating an increase in crypto mining power.
Following these operational updates and positive sentiment in the cryptocurrency sector, MARA's stock price gained 2.90%. Looking ahead, the company has plans to expand its bitcoin treasury. In September 2025, MARA announced a $950 million capital plan to purchase more bitcoin. With a market capitalization of $7.072 billion, MARA continues to solidify its position in the cryptocurrency landscape.
MARA's full deployment of its Texas wind farm and Ohio facility, coupled with increased bitcoin production and holdings, signals a strong Q4 for the company. With plans to expand its bitcoin treasury and a robust market capitalization, MARA remains a significant player in the cryptocurrency sector.