M&A
confidence high
sentiment negative
materiality 0.70
LMFA closes acquisition of Greenidge Mississippi assets; acquired ops lost $1.1M in 2024
LM FUNDING AMERICA, INC.
- Transaction closed September 16, 2025; acquired ~6.4-acre property and 2,330 Bitcoin miners.
- Mississippi Operations 2024 revenue: $1.23M; net loss: $1.12M (operating loss $1.12M).
- Total assets at Dec 31, 2024: $5.65M (mainly $5.32M fixed assets); liabilities $6.76M.
- Pro forma financials attached; acquisition treated as asset purchase, funded by LMFA.