Marathon Digital announced on Monday that it had mined a record 825 bitcoins in March, an increase of 21% from the 683 produced in February. The company's operating fleet consisted of around 105.2K as of April 1, which is capable of producing approximately 11.5 exahashes per second.

Marathon sold 750 BTC in March and plans to sell a portion of its BTC holdings in future periods to support monthly operations, manage its treasury, or for general corporate purposes.

The company held a total of 11,466 BTC and ended the month with $124.9M in unrestricted cash and cash equivalents on its balance sheet. Marathon also announced that CFO Hugh Gallagher will retire on May 12.