Core Viewpoint - LM Funding America, Inc. has announced a registered direct offering to raise approximately $6.5 million through the sale of common stock and pre-funded warrants, along with accompanying warrants for additional shares [1][2]. Group 1: Offering Details - The company will sell 1,822,535 shares of common stock and 7,332,395 pre-funded warrants, with a combined effective offering price of $0.71 per share or pre-funded warrant [1]. - The warrants will have an exercise price of $0.71 and will be exercisable upon stockholder approval, expiring five years from that date [1]. - The company will also reduce the exercise price of existing warrants from $2.95 to $0.87, subject to stockholder approval, and extend their term to five years [1]. Group 2: Financial Proceeds - The gross proceeds from the offering are estimated to be approximately $6.5 million before deducting fees and expenses [2]. - The offering is expected to close on or about December 22, 2025, pending customary closing conditions [2]. Group 3: Regulatory Information - The securities are being offered under a shelf registration statement on Form S-3, effective since November 21, 2024 [3]. - A prospectus supplement related to the offering will be filed with the SEC, and copies will be available through the SEC's website or from the placement agent [3]. Group 4: Company Overview - LM Funding America, Inc. operates as a Bitcoin treasury and mining company, founded in 2008 and based in Tampa, Florida [5]. - The company also provides funding to nonprofit community associations primarily in Florida through a technology-enabled specialty finance business [5].

Core Viewpoint - The article discusses the distinction between short-term market volatility and long-term infrastructure growth in the Bitcoin and data center sectors, emphasizing that leverage-driven sell-offs do not fundamentally change the investment thesis for Bitcoin and data centers [1]. Group 1: Market Dynamics - Short-term market pressures may lead to sell-offs, primarily driven by excessive leverage rather than genuine cash buying, which can create contagion effects [2]. - The volatility of Bitcoin has prompted several large miners, such as Bitfarms, MARA, and Hut 8, to pivot towards high-performance computing (HPC) centers as a more stable revenue-generating alternative [2]. Group 2: Production and Growth - Despite rising mining difficulty, Hive Digital Technologies has successfully scaled its Bitcoin production from three to ten Bitcoins per day, indicating a more than threefold increase in daily output [3]. - The company believes that Bitcoin mining and HPC are complementary, with both being essential for future growth [4]. Group 3: Strategic Vision - Hive Digital Technologies sees significant long-term potential in establishing power and data centers in Paraguay, which is viewed as a pro-America country with favorable policies for Bitcoin miners [4]. - Paraguay's ability to sell excess electricity to neighboring countries, including Argentina, which owes over $200 million in electricity debt, presents a stable income opportunity for the nation and benefits Bitcoin miners [5].

Core Insights - LM Funding America, Inc. has successfully energized its first BC40 Elite immersion cooled Foghashing unit at its Oklahoma site, which powers 160 next-generation Bitmain S21 immersion miners, adding approximately 35 Petahash (PH/s) to the total energized hashrate [1] - The company plans to install a second BC40 Elite unit later this month, which will support an additional 160 Bitmain S21 immersion miners [2] - By year-end 2025, LM Funding anticipates reaching approximately 780 PH/s of energized hashrate across its facilities, representing a 75% increase compared to year-end 2024 [2] - As of November 30, 2025, the estimated value of the company's 301.8 Bitcoin holdings was approximately $27.5 million, equating to $2.25 per share based on a Bitcoin price of approximately $91,100 [2] Company Overview - LM Funding America, Inc. operates as a Bitcoin treasury and mining company and was founded in 2008, based in Tampa, Florida [3] - The company also has a technology-enabled specialty finance business that provides funding to nonprofit community associations primarily in Florida [3]

Core Viewpoint - The recent decline in Bitcoin's price has led to a significant drop in MARA Holdings' stock, prompting investors to consider whether to invest in MARA instead of Bitcoin due to its current lower valuation [1][2]. Group 1: Bitcoin Market Overview - Bitcoin peaked at $124,774 on October 7, 2025, but has since fallen 31% to $86,413 as of December 16, 2025 [1]. - The market capitalization of Bitcoin is currently $1.7 trillion, with a trading volume of $50 billion [14]. Group 2: MARA Holdings Performance - MARA Holdings has seen a 53% decline in stock price since mid-October, with a current price of $9.93 and a market cap of $3.8 billion [2]. - The stock has a gross margin of -2663.89%, indicating significant financial challenges [2]. Group 3: Company Evolution and Strategy - MARA Holdings, originally known as Marathon Patent Group, transitioned to a cryptocurrency mining specialist in early 2021, investing $150 million in Bitcoin and mining equipment [3]. - The company has shifted its business model to include selling electric energy and data center space, capitalizing on the AI boom while still maintaining its Bitcoin mining operations [12][14]. Group 4: Mining Operations and Economic Factors - The correlation between MARA's stock and Bitcoin's price has weakened since spring 2024, with MARA's production of Bitcoin decreasing from 28.8 per day in March 2024 to 24.5 per day 18 months later [9]. - Despite a 37% increase in quarterly crypto-mining revenue due to rising Bitcoin prices, the cost of production surged by 82% [9][11]. Group 5: Competitive Landscape - MARA is entering a competitive market for AI computing, facing challenges from larger companies and other former Bitcoin mining specialists [15]. - The company is still primarily focused on Bitcoin-related activities, and its future success may depend on balancing its operations between AI and Bitcoin mining [14][17].

Core Insights - Bitcoin miners are currently facing significant challenges due to low hash prices and depressed cryptocurrency prices, impacting profit margins [1][2] - Transitioning to providing processing power for artificial intelligence (AI) is becoming an attractive alternative for miners [1][5] Group 1: Current Challenges - Hash price has reached an all-time low, affecting revenue per unit of computing power for miners [1] - Bitcoin's price is around $87,000, which is 30% below its October all-time high, making it difficult for miners to remain profitable [3] - Many top miners were breaking even at approximately $90,000 per Bitcoin, indicating that lower prices lead to reduced rewards for maintaining the blockchain [3] - Decreasing daily transaction fees and fewer transactions due to institutional adoption have further strained miners' profitability [4] Group 2: AI Transition - Miners are increasingly pivoting towards high-performance computing to adapt to the unprofitability of Bitcoin mining [5] - Companies like Bitfarms have announced plans to wind down mining operations in favor of focusing on AI infrastructure [5] - Analysts note that Bitcoin miners are becoming integral to the AI value chain, providing necessary infrastructure for AI data centers [6] - Many public miners are rebranding themselves as "compute" or "digital infrastructure" companies, balancing between mining and AI computing based on profitability [6]

Core Viewpoint - Shares of crypto miner Hut 8 experienced a nearly 17% increase in premarket trading following the announcement of a significant artificial intelligence infrastructure partnership with Anthropic and cloud computing services [1] Company Summary - Hut 8 is a cryptocurrency mining company that has formed a partnership with Anthropic, focusing on artificial intelligence infrastructure [1] - The partnership is expected to enhance Hut 8's capabilities in the AI sector, potentially leading to increased revenue streams [1] Industry Summary - The cryptocurrency mining industry is witnessing a shift towards integrating artificial intelligence technologies, as companies like Hut 8 explore new avenues for growth [1] - The collaboration between crypto miners and AI firms indicates a trend of diversification within the industry, aiming to leverage advancements in technology for competitive advantage [1]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws related to misleading statements about the company's SEALMINER A4 project and its financial performance [2][4]. Financial Performance - Bitdeer reported a third-quarter earnings per share of -$1.28, which significantly missed the consensus estimate of -$0.22, indicating a substantial financial shortfall [5]. - Following the earnings report, Bitdeer's stock price dropped by $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [5]. Project Delays and Incidents - The company disclosed significant delays in the development of its next-generation Seal 04 ASIC chip, which was expected to impact future production timelines [5]. - A fire incident at Bitdeer's under-construction facility in Massillon, Ohio, occurred on November 11, 2025, damaging 2 of the 26 buildings, which further affected investor confidence [6]. - Following the fire incident, Bitdeer's stock price fell another $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [6]. Legal Proceedings - A federal securities class action has been filed against Bitdeer, with a deadline of February 2, 2026, for investors to seek the role of lead plaintiff [2][7]. - The lead plaintiff is defined as the investor with the largest financial interest who directs and oversees the litigation on behalf of the class [7]. Investor Communication - Faruqi & Faruqi encourages investors and individuals with information regarding Bitdeer's conduct to reach out, including whistleblowers and former employees [8].

Core Viewpoint - Cipher Mining Inc. (NASDAQ:CIFR) experienced a significant decline in share price due to falling Bitcoin values and concerns regarding the AI sector, leading to a 13.55% drop on Monday to close at $14.74 [1][2][3]. Group 1: Market Performance - Cipher Mining's share price fell by 13.55% on Monday, closing at $14.74, influenced by a 2.27% decrease in Bitcoin's value, which was priced at $86,168 [1][2]. - The decline in Cipher Mining's stock was part of a broader trend affecting peers such as Terawulf, Hut 8, and CleanSpark, as traders locked in profits ahead of the Christmas holiday [2]. Group 2: Investor Sentiment - Renewed pessimism in the AI sector, particularly following Oracle Corporation's announcement of $108 billion in debt for AI investments, negatively impacted investor sentiment towards high-performance computing firms, including Cipher Mining [3][4]. - Despite the negative sentiment, Canaccord Genuity maintained a "buy" recommendation for Cipher Mining with a price target of $27, indicating an 83% upside potential from its latest closing price [4]. Group 3: Corporate Developments - Cipher Mining announced plans to redeem its outstanding warrants for $0.01 each until December 26, 2025, with unexercised warrants becoming void after the deadline [5].

Core Viewpoint - CleanSpark, Inc. (NASDAQ: CLSK) has experienced significant selling pressure, primarily due to a decline in Bitcoin prices and renewed concerns regarding the artificial intelligence (AI) sector [1][2][3]. Group 1: Stock Performance - CleanSpark's stock fell by 15.07% on Monday, closing at $11.91, marking its second consecutive day of decline [1]. - The decline in CleanSpark's stock is in line with other companies in the sector, such as Terawulf, Hut 8, and Cipher Mining, following Bitcoin's drop below the $90,000 level [2]. Group 2: Bitcoin Production - In November, CleanSpark produced 587 Bitcoins, which is a 4% decrease from the 612 Bitcoins produced in October [4]. - The average daily Bitcoin production for CleanSpark was 19.54, reflecting a 1% decline from the previous month's average of 19.75 [4]. Group 3: AI Industry Concerns - Investor sentiment has been negatively impacted by concerns over the AI bubble, particularly due to significant borrowing in the sector, exemplified by Oracle Corp.'s $108 billion in debt [3]. - There are worries about the ability of technology giants to generate profits from their heavy investments in AI [3].

Core Insights - Argo Blockchain has finalized a restructuring plan that eliminates $40 million in senior debt, strengthening its balance sheet and leaving it debt-free, aside from a small mortgage [1] - The company has increased its hashrate capacity from approximately 1.8 EH/s to 2.4 EH/s and expanded its self-mining capacity to 28.5 MW through infrastructure acquisition [2] - Following financial strain since its Nasdaq listing in September 2021, Argo sold its Helios facility for $65 million to avoid bankruptcy and faced a Nasdaq delisting notice in July due to share price issues [3] - With stabilization efforts concluded, Argo is now exploring opportunities in artificial intelligence (AI) and high-performance computing (HPC) [4] Group 1 - The restructuring plan was formally approved by the High Court of Justice in England and Wales on December 11 [1] - The equitization of $40 million in outstanding senior notes due 2026 is a key component of the restructuring [1] - The remaining mortgage on the Baie-Comeau facility in Quebec is $472,000 [1] Group 2 - The acquisition of 13.5 MW of infrastructure in Alabama contributed to the increase in self-mining capacity [2] - Management has secured additional electrical assets to support future deployment of up to 65 MW [2] - The deployment of 1,400 Z11 miners was aimed at capitalizing on the recent price rally of Zcash [2] Group 3 - The financial strain began shortly after Argo's Nasdaq listing in September 2021 [3] - The sale of the Helios facility was a strategic move to avoid bankruptcy during the 2022 market downturn [3] - The company received a Nasdaq delisting notice in July due to its share price falling below the minimum bid requirement [3] Group 4 - The conclusion of stabilization efforts allows Argo to pivot towards new opportunities in AI and HPC [4]