other material
confidence high
sentiment positive
materiality 0.55
LM Funding September update: 304.5 BTC ($34.7M), Mississippi site acquired $4.3M, new VP
LM FUNDING AMERICA, INC.
- Bitcoin holdings 304.5 as of Sept 30, valued at ~$34.7M ($2.24/share) vs stock price $1.14.
- Mined 5.9 net Bitcoin in Sept, sold 12.5; Mississippi site acquired mid-Sept for $4.3M cash.
- Mississippi adds 7.5MW capacity (220 PH/s); total machines rise to 7,491; hashrate 0.70 EH/s energized.
- Appointed Todd Liebel as VP of U.S. Digital Mining & Hosting Co. to oversee integration and operations.
- As of Oct 6, Bitcoin holdings valued at ~$38.1M ($2.45/share) as BTC price rose to ~$125,000.