
Green Stock News for May 7th, 2025: MARA Holdings, Riot Platforms, CleanSpark, IREN
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Welcome to the Green Stock News brief for Wednesday May 7th. Here are today’s top headlines:
MARA Holdings (NASDAQ: MARA) produced 705 BTC in April, averaging 23.5 BTC per day and winning 205 blocks, representing 5.1% of available miner rewards. The company did not sell any bitcoin during the month and ended April with a total holding of 48,237 BTC.
Riot Platforms (NASDAQ: RIOT) produced 463 BTC in April, up 23% year-over-year, with daily output averaging 15.4 BTC. The company maintained a steady deployed hashrate of 33.7 and earned $2.0 million in power-related credits, more than doubling the prior month's total.
CleanSpark (NASDAQ: CLSK) produced 633 bitcoin in April, with an average daily output of 21 BTC and an operating hashrate of 42.4. The company sold 401 BTC at an average price of $90,084, ending the month with 12,101 BTC in holdings.
In April, IREN (NASDAQ: IREN) increased its bitcoin mining capacity to 40 EH/s, mined 579 BTC, and generated $50 million in revenue, with strong hardware profit margins of 72%. The company’s AI Cloud Services revenue grew 27% month-over-month, and launched its Horizon 1 AI Data Center.
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