GuShiio.com GuShiio.com learned that MARA Holdings announced its fourth-quarter earnings report, with revenue for the fourth quarter of 2024 of US$214.4 million, a year-on-year increase of 37%; direct energy costs per bitcoin were US$28,801, and costs per kilowatt-hour were US$0.039. The total hash rate increased 115% in the fourth quarter to 53.2 EH/s. Bitcoin holdings increased by 197% to 44,893 BTC, of which approximately 10,374 BTC were lent to third parties or used as loan guarantees. The company mined 2,492 BTC in the fourth quarter and purchased 15,574 BTC through a zero-coupon convertible senior note issuance. No bitcoins were sold in the fourth quarter.
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