---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-128079"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2024-11-18T23:59:59+00:00"
generated_at: "2026-05-29T23:05:24.469110+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LM Funding agrees to acquire 15MW Oklahoma mining site for $7.3M; expects Dec 2024 close

## Summary
- Purchase price $7.3M: $1.1M cash, $3.7M credit against prior loans, $2.5M escrow for third-party miner exit.
- Company lent additional $0.7M to seller at signing; aggregate loans total $3.7M.
- Acquisition includes air-cooled GIGA containers, transformers, infrastructure; site currently hosts 10MW of LMFA miners.
- Post-close, LMFA plans to deploy ~800 S21/XP and 640 S19J Pro miners; third-party vacated by Jan 2025.
- CEO Rodgers says acquisition is 'pivotal first step' toward vertical integration in Bitcoin mining.

## SEC filing metadata
- accession: 0000950170-24-128079
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2024-11-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000095017024128079/0000950170-24-128079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000095017024128079/lmfa-20241114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-128079
- JSON: https://secwatch.observer/filing/0000950170-24-128079.json
- Plain text: https://secwatch.observer/filing/0000950170-24-128079.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.