Marathon Digital, one of the world's largest cryptocurrency mining companies, produced approximately $200 million worth of Bitcoin in three months.

According to Marathon Digital statement, the company produced 2,811 Bitcoin (BTC) in the first quarter of this year. At current prices, this is worth approximately $176 million.

The price record that the Bitcoin price broke during the year had a positive impact on Marathon's balance sheet. The company's profit grew by 184% compared to the same period of the previous year, reaching $337.2 million.

The company, which has a liquidity of $1.6 billion, aims to reach a hash capacity of 50 EH/s by the end of this year, with its recent orders and purchases.

According to the statement made by Marathon, the company sold 26% of the Bitcoins it produced in the first quarter to cover operating costs. The company's $1.6 billion reserve consists of cash, cash equivalents and Bitcoin.