MARA Shares Inch Higher In Wednesday’s Pre-Market After Bitcoin Miner Targets 40% Hashrate Growth By Year-End
Posted On July 2, 2025
Shares of MARA Holdings Inc. (NASDAQ:MARA) are trading higher in Wednesday’s pre-market trading after the Bitcoin (CRYPTO: BTC) miner announced an ambitious hashrate target by year-end.
What Happened: CEO Fred Thiel said the company wants to achieve 75 exahashes by the end of 2025, marking a 40% jump from 2024.
“As the largest public bitcoin miner, this goal aligns with both our rapid expansion and commitment to low-cost power with efficient capital deployment,” Thiel added.
On the downside, the firm’s total Bitcoin production in June fell 25% from last month to …
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