According to ChainCatcher news and data from bitcointreasuries.net, public companies currently hold a total of 308,689 BTC on their balance sheets, worth approximately $21.8789 billion.Among them, Microstrategy ranks first with 214,400 bitcoins, followed by Marathon Digital Holdings (17,631), Tesla (9,720), Coinbase Global, Inc. (9,480), Hut 8 Mining Corp (9,110), Riot Platforms, Inc. (9,084), Block, Inc. (8,038), CleanSpark, Inc. (6,154), Galaxy Digital Holdings Ltd (4,000), and Bitcoin Group SE (3,589).

ChainCatcher news, Marathon Digital Holdings released the December production report, with the following key data:December's record Bitcoin production was 1,853 BTC, with a total production of 12,852 BTC for the year 2023;Monthly average operating hash rate increased by 18% month-over-month, reaching 22.4 EH/s;As of December 31, 2023, Bitcoin holdings exceeded 15,000 BTC, with cash and Bitcoin valued at $1 billion.In addition, MaraPool collected transaction fees of over 380 BTC, equivalent to 22% of BTC production.

ChainCatcher news, CryptoQuant co-founder and CEO Ki Young Ju stated on the X platform that the American Bitcoin mining company Marathon Digital Holdings has reached a record high in production this month. One of the advantages of blockchain is that we can observe the company's balances, revenues, traffic, etc., in real-time, with an accuracy rate of up to 99%.

ChainCatcher news, Marathon Digital executives stated in the earnings call that the hash rate grew by 54% in the second quarter, increasing from 11.5 EH/s to 17.7 EH/s. The company produced 2926 BTC in the second quarter, a 33% increase compared to 2195 BTC in the first quarter. The total amount of BTC produced in the second quarter accounted for approximately 3.3% of the Bitcoin network rewards available during that period.Additionally, Marathon sold 63% of the BTC produced this quarter to cover operating costs, with total revenue reaching $23.4 million. However, the company reported a net loss of $21.3 million in the second quarter, up from a net loss of about $7 million in the previous quarter.

ChainCatcher news, Bitcoin mining company Marathon Digital Holdings reported that it produced 1,176 BTC in July, a month-over-month increase of 20% and a year-over-year increase of 1,527%. This growth is primarily attributed to an increase in operational hash rate and improved uptime. In July, it chose to sell 750 BTC and plans to sell some of its Bitcoin holdings in the future to support monthly operations, manage its finances, and for general corporate purposes. As of August 1, 2023, Marathon holds a total of 12,964 BTC.Additionally, Marathon increased its operational hash rate by 6% in July, reaching 18.8 EH/s, and its installed hash rate increased by 5%, reaching 22.8 EH/s. Most of the growth came from the completion of facilities in Ellendale, North Dakota, where all six buildings are now fully operational, contributing a total of 7.6 EH/s to the company's operational hash rate.

ChainCatcher news, American mining company US. Bitcoin Corp (USBTC) has signed a multi-year agreement to host 150,000 Bitcoin mining machines with several companies, including Marathon Digital Holdings. (CoinDesk)

ChainCatcher News, the Texas Senate has passed Bill 1751, which will amend certain provisions of the state's utility and tax laws to increase restrictions on cryptocurrency mining companies. The bill aims to limit the incentive cap for crypto mining companies participating in demand response load reduction programs to 10% and eliminate tax breaks for the industry. The next step for the bill is to be submitted to the Texas House of Representatives, with a meeting scheduled for April 13 to discuss the legislation.Marathon Digital Holdings mining company CEO Fred Thiel stated that if the bill is passed in Texas, some mining companies participating in load reduction programs may see a decrease in their revenue. All miners operating in the state will be affected by the tax policy. (Cointelegraph)