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MARA Boosts Bitcoin Reserves By 373 BTC In September, Surpasses $6 Billion In Holdings

Ash Tiwari
by Ash Tiwari
4 hours ago
·
Posted in Bitcoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

MARA Holdings Inc. – a US-based cryptocurrency mining firm – increased its Bitcoin (BTC) reserves by 373 BTC in September, pushing its total holdings to 52,850 from 52,477 BTC. Following today’s update, MARA remains the second-largest public company with BTC reserves, trailing Michael Saylor’s Strategy.

MARA Holdings Increases Bitcoin Reserves

According to an official announcement earlier today, MARA Holdings’ BTC reserves rose by 373 coins in September. The firm’s total BTC holdings are valued at approximately $6.4 billion, according to prevailing market prices.

Related Reading: Tether Stacks More Bitcoin With Fresh 8,888 BTC Acquisition Worth $1 Billion

Notably, MARA Holdings mined a total of 736 BTC in September, valued at approximately $88.6 million. In comparison, the company had mined 704 BTC in August 2025, representing a 4.4% increase over the previous month.

MARA Holdings’ amount of BTC mined in September represents roughly 5.2% of all miner rewards. This includes the transaction fees generated during the month. Unsurprisingly, MARA Holdings continues to be the largest public BTC miner in terms of BTC held.

That said, it is worth highlighting that MARA Holdings’ Bitcoin stack consists of BTC that is loaned, actively managed, or used as collateral. Fred Thiel, Chairman and CEO, MARA Holdings, noted:

In September, we produced 218 blocks, a 5% increase over August, demonstrating the continued strength and resilience of our operations even as global hashrate grew 9% month-over-month to an average of 1,031 EH/s. This growth in production underscores our ability to execute consistently, even as mining becomes more difficult.

As mentioned earlier, MARA Holdings follows Strategy, the leading public company with the largest stack of BTC on its balance sheet. Strategy continued to increase its BTC stack, purchasing another $22 million worth of BTC earlier this week, propelling its total holdings to a mammoth 640,031 BTC, worth around $77 billion.

Other public firms that feature among the top BTC holders include the likes of Twenty One (43,514 BTC), Japan-based Metaplanet (30,823 BTC), and Bitcoin Standard Treasury Company (30,021 BTC).

In addition, well-known firms like Trump Media & Technology Group Corp., Galaxy Digital Holdings, Coinbase Global, Tesla, and Jack Dorsey-backed Block rank among the top 15 public companies with the largest BTC reserves.

Companies Preferring Altcoins For Corporate Treasury

While Bitcoin still reigns supreme in terms of being the most influential cryptocurrency with the highest adoption, altcoins such as Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) are emerging as viable competition to BTC.

Related Reading: Bitcoin Adoption Expands As Ohio Approves Vendor For State Cryptocurrency Payments

For instance, NASDAQ-listed VisionSys AI recently announced that it plans to launch a Solana-based treasury program, valued at up to $2 billion. Similarly, a newly-created Avalanche-based treasury firm is expected to buy $1 billion worth of AVAX tokens in 2026.

Meanwhile, Ethereum treasury firm BitMine bought 46,225 ETH in September, increasing its total ETH stack to more than 2.1 million ETH. At press time, BTC trades at $121,791, up 1.7% in the past 24 hours.

bitcoin
Bitcoin trades at $121,791 on the daily chart | Source: BTCUSDT on TradingView.com
Featured image from Unsplash.com, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Ash Tiwari

Ash Tiwari

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Ash is a seasoned freelance editor and writer with extensive experience in the blockchain and cryptocurrency industry. Over the course of his career, he has contributed to major publications, playing a key role in shaping informative, timely content related to decentralized finance (DeFi), cryptocurrency trends, and blockchain innovation. His ability to break down complex topics has allowed both seasoned professionals and newcomers to the industry to benefit from his work. Beyond these specific roles, Ash's writing expertise spans a wide array of content, including news updates, long-form analysis, and thought leadership pieces. He has helped multiple platforms maintain high editorial standards, ensuring that articles not only inform but also engage readers through clarity and in-depth research. His work reflects a deep understanding of the rapidly evolving blockchain ecosystem, making him a valuable contributor in a field where staying current is essential. In addition to his writing work, Ash has developed a strong skill set in managing content teams. He has led diverse groups of writers and researchers, overseeing the editorial process from topic selection, approval, editing, to final publication. His leadership ensured that content production was timely, accurate, and aligned with the strategic goals of the platforms he worked with. This has not only strengthened his expertise in content strategy but also honed his project management and team coordination skills. Ash's ability to combine technical expertise with editorial oversight is further bolstered by his knowledge of blockchain analysis tools such as Etherscan, Dune Analytics, and Santiment. These tools have provided him with the data necessary to create well-researched, insightful articles that offer deeper market perspectives. Whether it’s tracking the movement of digital assets or analyzing blockchain transactions, his analytical approach adds value to the content he produces, ensuring readers receive accurate and actionable information. In the realm of content creation, Ash is not limited to just cryptocurrency markets. He has demonstrated versatility in covering other emerging technologies, market trends, and digital transformation across various industries. His in-depth research, coupled with a sharp editorial eye, has made him a sought-after professional in the freelance writing community. From developing editorial calendars to managing content delivery schedules, he has honed a meticulous approach to project management that ensures timely, high-quality work delivery. Throughout his freelance career, Ash has consistently focused on improving audience engagement through well-researched, insightful, and relevant content. His ability to adapt to the evolving needs of clients, whether it's enhancing the visibility of digital platforms or producing thought-provoking pieces for a wide range of audiences, sets him apart as a dynamic force in the field of digital content creation. His contributions have helped to shape a well-rounded portfolio that showcases his versatility, technical expertise, and dedication to elevating the standards of journalism in blockchain and related sectors.

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