Bitcoin Miner MARA Stocks Dips as June’s Bitcoin Output Decreases

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Bitcoin mining operation MARA Holdings’ stocks have taken a hit in the premarket, slipping 2.6% to $15.27. This drop in value follows the company’s report of decreased Bitcoin production in June.

Compared to March’s impressive production of 950 Bitcoin, MARA announced that it had only managed to mine 713 Bitcoin in June. This production decrease is also reflected in the average number of Bitcoin produced each day, which fell from 30.7 in the previous month to 23.8 in June.

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