Bitcoin mining company MARA Holdings is asserting its leading position by accumulating nearly 45,000 BTC, worth over $4.4 billion by the end of 2024. With a dual strategy of both mining and purchasing Bitcoin, MARA is not only preparing for the increasingly popular adoption trend $BTC but also aiming for the possibility of BTC reaching a record price of $200,000/BTC by 2025.
Bitcoin Lending: Effective Economic Leverage
MARA's latest report reveals that the company lent 7,377 BTC in 2024, equivalent to 16.4% of total reserves, generating significant profits from short-term contracts:
• Optimizing mining costs: Revenue from the lending program helps offset operational costs.
• Adding value for shareholders: This program not only reduces financial pressure but also increases profits amid the rising Bitcoin prices.
Accumulating BTC: Consolidating Leading Power
2024 is the year MARA undergoes a significant transformation with a dual strategy:
1. High-yield mining: MARA mined an additional 9,457 BTC in the year.
2. Strong buying: The company purchased an additional 22,065 BTC at an average price of $87,205/BTC.
The total Bitcoin reserves of MARA currently reach 44,893 BTC, only behind MicroStrategy (446,400 BTC) and far surpassing Riot Platform (under 18,000 BTC).
Strong Finances: Preparing for the Future
To fund this strategy, MARA successfully raised $1.9 billion from three rounds of zero-interest convertible bond offerings by the end of 2024. Most of this capital is used to further purchase Bitcoin, helping the company build a strong reserve.
Leading Technology in Bitcoin Mining
MARA becomes the first Bitcoin mining company to achieve 50 EH/s Energized Hashrate by the end of 2024, with an actual capacity of up to 53.2 EH/s. This helps MARA consolidate its position in the Bitcoin mining sector, preparing to embrace the wave of global BTC adoption.
2025: Bitcoin Price Surge Forecast
With more and more public companies and large investment funds holding Bitcoin, 2025 is expected to be the year BTC reaches $200,000 or higher. In this scenario, the reserve value of MARA could exceed $9 billion, bringing enormous benefits to shareholders.
Insights from MARA Leadership
Mr. Fred Thiel, CEO of MARA, stated:
"The strategy of combining mining and purchasing Bitcoin not only helps us accumulate assets at attractive prices but also optimizes long-term value amidst the growing recognition of BTC."
Conclusion
With a strategic vision and strong finances, MARA is in the best position to take advantage of the Bitcoin price growth wave. The year 2025 promises to be a historic milestone as BTC reaches unprecedented value, placing MARA and Bitcoin-holding companies at the forefront of the global financial market. 🚀