MARA’s Bitcoin mining revenue hits record $752M as BTC price soars

Marathon Digital Holdings (now MARA Holdings) achieved a record-breaking daily Bitcoin mining revenue of over $752 million on May 27th, 2025, as reported by CryptoQuant. This surpasses all previous daily revenue figures, solidifying its position as the world’s most profitable publicly traded Bitcoin mining company by market capitalization. The surge coincides with Bitcoin’s recent all-time high of $112,000, reached on May 22nd, a price increase partially attributed to volatility in the Japanese bond market.

While this represents a significant achievement for MARA, the daily average miner revenue remains below historic highs of $80 million, currently sitting around $50 million. This suggests further potential for growth and a return to previous peak performance. The record revenue comes just two weeks after MARA’s Q1 earnings report slightly missed Wall Street expectations, a shortfall partially explained by the April 2024 Bitcoin halving that reduced block rewards.

Despite the halving’s impact on Bitcoin production (a 19% year-over-year decrease), MARA has significantly increased its Bitcoin holdings. As of May 27th, the company possesses 48,237 BTC, valued at over $5.28 billion, making it the second-largest corporate Bitcoin holder globally, owning over 0.23% of the total Bitcoin supply. This impressive holding underscores the company’s strategic commitment to Bitcoin as a treasury asset, a strategy initiated in July 2024 with a $124 million BTC purchase.

MARA’s substantial Bitcoin holdings significantly outweigh its current daily revenue fluctuations. The company’s market capitalization stands at $5.18 billion, placing it ahead of other major Bitcoin mining firms. The contrast between the record-breaking daily revenue and the slightly missed quarterly earnings highlights the volatility inherent in Bitcoin mining, and the potential for future revenue growth. The continued accumulation of Bitcoin by MARA reflects a long-term bullish outlook on Bitcoin’s value.