other_material
confidence high
sentiment neutral
materiality 0.55
LM Funding mined 5.5 Bitcoin in June, curtailed due to heat; Bitcoin treasury $16.7M
LM FUNDING AMERICA, INC.
- Net Bitcoin mined 5.5 in June vs 6.3 in May, down 13%.
- Held 155.5 Bitcoin at June 30 valued ~$16.7M ($3.25/share) vs stock $2.86.
- Curtailment during peak heat in Oklahoma; energy sales ~$55k in June, $216k in Q2.
- Operational hashrate 0.48 EH/s; total machines 5,538 (4,320 operational, 1,218 storage).
- Sold 5.0 Bitcoin in June; Bitcoin HODL increased slightly from 155.0 to 155.5.
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