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%, mainly due to 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 general corporate purposes. As of the end of May, Marathon Digital held a total of 17,857 BTC.