Marathon Digital Hits $752M in Mining Revenue, Becomes Second-Largest Corporate BTC Holder

With this achievement, the company now holds over $5 billion worth of Bitcoin, making it the second-largest corporate holder of BTC—trailing only Strategy.

Corporate Bitcoin Holdings Continue to Grow

According to the latest filings, Strategy remains the dominant player with 580,250 BTC valued at more than $63.5 billion. Marathon, while holding a smaller amount—48,237 BTC—is gaining attention due to its rapid accumulation pace and rising mining profitability.

The firm’s strategic positioning has pushed it well ahead of other U.S.-based mining companies such as Riot Platforms (19,211 BTC) and CleanSpark (12,101 BTC).

Other major names holding Bitcoin include Tesla (11,509 BTC), Coinbase (9,267 BTC), and Block, Inc. (8,845 BTC), showcasing the growing institutional confidence in the digital asset.

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Public Companies Signal Long-Term Confidence in Bitcoin

The data highlights a clear trend: public companies are steadily increasing their Bitcoin exposure. From fintech giants to energy-efficient mining firms, corporate treasuries are now viewing Bitcoin not only as a speculative asset but as a strategic reserve.

Strategy’s relentless accumulation strategy underlines a long-term bullish view, while Marathon’s impressive mining revenue reflects how industrial-scale mining is becoming a major force in the ecosystem.

As Bitcoin continues to evolve into a mainstream financial instrument, these holdings suggest that publicly traded firms are preparing for a future where digital assets play a critical role in corporate finance and balance sheet management.

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