According to Foresight News, Bitcoin mining company Marathon Digital disclosed in its monthly report that its Bitcoin production in May was 616, a year-on-year decrease of 27%. The main reason for the decrease was the impact of the halving event in April. Marathon sold 390 Bitcoins in May, accounting for 63% of the month's production, to support monthly operations, manage its finances, and for general corporate purposes. Marathon Digital held a total of 17,857 BTC as of the end of May.