secwatch.observer — SEC 8-K summary
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Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2025-09-18T23:59:59+00:00
Accession:  0001193125-25-206860
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LM Funding closes $4M acquisition of 11 MW Mississippi Bitcoin mining site at $0.036/kWh
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- Acquired 11 MW facility from Greenidge for $4.0M total including ~2,300 S19 miners (157 PH/s).
- Site power price ~$0.036/kWh expected to lower fleet average; total owned capacity to reach 26 MW.
- Funded via $1.3M secured loan (12% p.a., matures 2027) plus existing cash; additional $700k tranche available Oct 15, 2025.
- CEO highlights strategy of buying undervalued power assets; President cites firmware optimizations to improve margins.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000119312525206860/0001193125-25-206860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000119312525206860/lmfa-20250915.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-206860

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