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LM Funding America, Inc. to Participate in the “Digital Assets 2025: To Bitcoin and Beyond,” Virtual Conference Presented by Maxim Group LLC on Wednesday, February 12th at 8:30 AM EST
GlobeNewswire· 2025-02-10 13:00
Group 1 - LM Funding America, Inc. is a cryptocurrency mining and technology-based specialty finance company that will be represented by its Chairman and CEO, Bruce M. Rodgers, at the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference on February 12, 2025 [1] - The conference will feature discussions on the evolution of the digital asset industry, including insights from Bitcoin miners, equipment providers, and corporate adopters of cryptocurrency as a treasury strategy, with a focus on expected regulatory changes in 2025 [2] - LM Funding America, Inc. was founded in 2008 and is headquartered in Tampa, Florida, specializing in Bitcoin mining and specialty finance [3] Group 2 - Maxim Group LLC is a full-service investment banking and wealth management firm that hosts the upcoming virtual conference, providing a range of financial services including investment banking and equity research [4]
LM Funding America, Inc. to Participate in the "Digital Assets 2025: To Bitcoin and Beyond," Virtual Conference Presented by Maxim Group LLC on Wednesday, February 12th at 8:30 AM EST
Newsfilter· 2025-02-10 13:00
Group 1 - LM Funding America, Inc. is participating in the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference hosted by Maxim Group LLC on February 12, 2025 [1] - Bruce M. Rodgers, Chairman and CEO of LM Funding, will present at the conference, highlighting the company's role in the cryptocurrency mining and specialty finance sector [1][3] - The conference will feature discussions on the evolution of the digital asset ecosystem, including Bitcoin miners and corporate adopters of cryptocurrency as a treasury strategy, amidst expected regulatory changes [2] Group 2 - LM Funding America, Inc. operates as a Bitcoin mining and specialty finance company, founded in 2008 and based in Tampa, Florida [3] - Maxim Group LLC is a full-service investment banking and wealth management firm that provides a range of financial services, including investment banking and equity research [4]
LM Funding America Achieves 560 PH/s with 15 MW Oklahoma Mining Site Active
Newsfilter· 2025-01-27 13:30
Core Insights - LM Funding America, Inc. has successfully deployed approximately 432 petahash per second (PH/s) of miners at its 15 MW mining site in Oklahoma, increasing its total active miners to 5,121 and achieving an energized hashrate of approximately 560 PH/s across multiple sites [1][2] Company Overview - LM Funding America operates as a Bitcoin mining and specialty finance company, founded in 2008 and based in Tampa, Florida. The company has two segments: Specialty Finance and Mining Operations [3] Operational Achievements - The deployment of additional miners at the Oklahoma site marks the achievement of previously outlined objectives, with plans to aggressively pursue the acquisition of additional mining sites that align with strategic investment criteria [2] - The company successfully transitioned 1,440 miners from storage to active deployment, demonstrating a commitment to operational excellence [2]
LM Funding America, Inc.'s Bitcoin Holdings Valued at $15.0 Million in Monthly Update
GlobeNewswire News Room· 2025-01-16 13:30
Core Insights - LM Funding America, Inc. reported a preliminary, unaudited Bitcoin mining and operational update for December 2024, indicating a gain on fair value of mined Bitcoin of approximately $4.0 million in Q4 2024 [1][3] - The company held 150.2 Bitcoin as of December 31, 2024, with an estimated value of approximately $15.0 million based on a projected BTC price of $100,000 on January 15, 2025 [3] Mining Operations - Bitcoin mined in December 2024 was 37.3 Bitcoin, a significant increase from 7.0 Bitcoin in November 2024 [2] - Bitcoin sold in December 2024 was 18.0 Bitcoin, compared to 4.0 Bitcoin in November 2024 [2] - The company had approximately 5,950 miners deployed at the end of December 2024, up from 3,700 miners in previous months [2] Strategic Focus - The company emphasizes enhancing operational efficiency while strategically managing its Bitcoin assets, focusing on mining productivity and asset retention [4] - This strategy positions the company for sustained growth and resilience in the competitive cryptocurrency market [4] Company Overview - LM Funding America operates as a cryptocurrency mining and specialty finance company, founded in 2008 and based in Tampa, Florida [5]
LM Funding America, Inc. Orders Bitmain S21+
Newsfilter· 2024-12-27 13:30
Tampa, FL, Dec. 27, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced a new order with Bitmain for 270 Bitmain S21+ mining machines. Bruce M. Rodgers, Chairman and CEO of LM Funding commented, "These new miners will be received in March 2025 and will be placed at our new 15MW Oklahoma Mining site. We anticipate that this will increase our total mining capacity by approximat ...
LM Funding America(LMFA) - 2024 Q3 - Quarterly Results
2024-12-10 13:35
Financial Results and Updates - The press release was issued on October 17, 2024, detailing the financial results and operational updates[5] - The company provided Bitcoin production and mining updates for the one month and three months ended September 30, 2024[5] Forward-Looking Statements - Forward-looking statements are included, highlighting risks and uncertainties that could affect actual results[5] - Investors are advised to refer to the company's SEC filings for additional risk factors that could impact performance[5] - The company disclaims any obligation to update forward-looking statements unless required by law[5] Compliance and Signatures - The company emphasizes that the information is not deemed "filed" under the Securities Exchange Act of 1934[5] - The report was signed by Richard Russell, CFO, on October 17, 2024[7]
LM Funding America, Inc.'s Bitcoin Holdings Valued at $13.3 million in Monthly Update
GlobeNewswire News Room· 2024-11-21 13:30
TAMPA, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today provided a preliminary, unaudited Bitcoin mining and operational update for the month ended October 31, 2024. Metrics * One MonthOctober 31,2023 One MonthSeptember 30,2024 One MonthOctober 31,2024          Bitcoin Mined, net 36.9  6.6  7.3  Bitcoin Sold (55.0) -  (9.0) Service Fee (rounding) -  0.1  -  Bitcoin Ho ...
LM Funding America(LMFA) - 2024 Q3 - Earnings Call Transcript
2024-11-16 02:08
LM Funding America, Inc. (NASDAQ:LMFA) Q3 2024 Earnings Conference Call November 13, 2024 11:00 AM ET Company Participants Ted Ayvas - IR Ryan Duran - President, U.S. Digital Mining Richard Russell - CFO Conference Call Participants Kevin Dede - H.C. Wainright Matthew Galinko - Maxim Group Operator Greetings, and welcome to the LM Funding America Inc. Third Quarter 2024 Business Update Conference Call. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference ove ...
LM Funding America, Inc. Enters into Agreement to Make Pivotal Acquisition
GlobeNewswire News Room· 2024-11-14 15:00
TAMPA, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, is pleased to announce the signing of an asset purchase agreement to acquire the business assets of a 15 MW mining site in Oklahoma from Tech Infrastructure JV I LLC (“JV”), a joint venture majority-owned by Arthur Inc., for $7.3 million. The Company currently operates 10 MW of machines actively mining Bitcoin (BTC) at ...
LM Funding America(LMFA) - 2024 Q3 - Quarterly Report
2024-11-13 21:59
UNITEDSTATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37605 LM FUNDING AMERICA, INC. (Exact name of Registrant as specified in its charter) Delaware 47-3844457 (State or other jur ...