MARA Holdings (Nasdaq: MARA) is a major crypto company that is the world’s largest publicly listed Bitcoin (BTC) miner.
Bitcoin mining is the process of using specialized computing hardware to solve complex cryptographic puzzles to verify and add blocks containing BTC transactions to the chain.
In return, miners receive rewards in the form of newly minted BTC.
Related: What is Bitcoin mining? Explained
MARA is also the world’s largest corporate holder of Bitcoin after Michael Saylor’s Strategy (Nasdaq: MSTR).
On March 26, the company announced that it sold 15,133 Bitcoin for approximately $1.1 billion during March 4-25. MARA now holds around 38,689 BTC.
It also decided to repurchase $1 billion worth of convertible…
