secwatch.observer — SEC 8-K summary
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Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2024-11-21T23:59:59+00:00
Accession:  0000950170-24-129502
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LM Funding mined 7.3 BTC in October; holdings 140.5 BTC (~$13.3M); adds Oklahoma mining site
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- Net Bitcoin mined 7.3 in October 2024 vs 36.9 a year ago; sold 9 BTC during month.
- BTC holdings of 140.5 valued at ~$13.3M using estimated BTC price of $94,700.
- Deployed miners 3,700; 2,180 miners in-transit; potential hash rate 639 PH/s.
- Acquired 15 MW Oklahoma mining site adding 5 MW capacity; closing expected early December.
- Plans to add an additional 60 MW in Q1 2025 to scale operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000095017024129502/0000950170-24-129502-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000095017024129502/lmfa-20241121.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-129502

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer