TechFlow news, on December 11, according to Cointelegraph, Bitcoin mining giant MARA Holdings announced yesterday that it purchased an additional 11,774 bitcoins at an average price of $96,000, totaling $1.1 billion in investment funded by previously issued zero-coupon convertible bonds. As of December 9, MARA holds 40,435 bitcoins, valued at approximately $3.92 billion at the current price of $97,000.
Meanwhile, MARA doubled its hash rate in 2024, becoming the first publicly traded mining company to surpass 50 EH/s. CEO Fred Thiel stated the company still has additional miner reserves and will continue expanding. MARA's BTC yield reached 12.3% in Q4, with a full-year cumulative yield of 47.6%.
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