As of July 31, 2025, $MARA holds 50,639 $BTC, including Bitcoin that is lent out, actively managed, or staked as collateral, amounting to approximately $5.823 billion. As of June 30, 2025, MARA has over $5 billion in liquid assets and recently raised nearly $1 billion. It has become the second-largest publicly traded company in terms of BTC holdings, second only to Strategy $MSTR, which holds 649,812 BTC. As of August 4 (Tuesday) pre-market, MARA's market capitalization is $5.456 billion, with a net asset value (mNAV) of 0.936, and the stock price has decreased by 6.08% since the beginning of 2025.
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