MARA Holdings launches foundation to support Bitcoin network resilience

Bitcoin mining firm MARA Holdings (MARA), formerly Marathon Digital, has established the Mara Foundation to fund open-source development, education, and research, CoinDesk reported. The foundation will focus on areas including the development of the Bitcoin transaction fee market and studies on threats from quantum computing. The initiative is part of a broader effort by the company to support the long-term resilience of the Bitcoin network, expanding beyond its Bitcoin and AI mining businesses. MARA Holdings CEO Fred Thiel explained that while Bitcoin is the most important decentralized system ever created, its future is not guaranteed and requires active stewardship. As part of the foundation's launch, the company will donate $100,000 to one of three non-profits selected through a community vote.