Holding Mara K4 Revenue grows as Bitcoin reserves.

Bitcoin Miner Mara Holdings has published a break for breaking for K4 2024, and income of 37% to 214.4 million dollars and full-year income increased 65% to 656.4 million dollars.

According to His February 27. February 2024. Letter of shareholders, Mara earned Net revenue of 528.3 million dollars, growing years of 248%. Setting the standards industry, set EBITDA, a profitability metric that does not include non-operating costs such as taxes and interest, increased by 207% to $ 794.4 million.

Mara minralized 2,492 Bitcoin (Btc) In Q4, increasing total blocks of 25% won an overly year, although 2024. Bitcoin halve The event cuts block award in half. The company managed to use the spike in the price of Bitcoin, adding $ 119.9 million in salary despite the experience of reducing income from the lower exit.

Mara became the second largest owner of corporate bitcoin after his farms rose 197% to 44,893 BTC, which is currently worth over $ 4.6 billion. In addition, Mara increased energy infrastructure, providing 1.2 gigavati power at prices that are 28% less than the average in the industry.

To reduce reliability to a third object, the company has expanded The percentage of its data centers from 0 to 70% from the beginning of 2024. It also arranged 136 megawatts of power and launched The project of Micro Data Center of 25 Megawatts at Vellheads in Texas and North Dakota.

Mara is a hash rate, which is a measure of mining power, increased by 115% per year at 53.2 Ekahaša per second, which makes it one of the largest miners Bitcoin. Marine Direct Mining Companies in Bitcoin, however, rose from 23,000 to $ 28,801 per year in K4 due to increasing energy costs 70% to $ 127.4 million.

To diversify your sources of income, MARA plans to use its energy assets for venture in AI and data infrastructure.