other material
confidence high
sentiment neutral
materiality 0.55
LM Funding April Bitcoin production flat at 9.4 BTC; HODL slips to 334.0
LM FUNDING AMERICA, INC.
- Mined net 9.4 Bitcoin in April (vs 9.6 in March); sold 13.5 BTC during month.
- Bitcoin treasury of 334.0 BTC valued at ~$25.3M ($1.18 per share) at $75,800/BTC.
- Total energized hashrate unchanged at 0.79 EH/s with 7,508 machines installed.
- CEO cites steady operations and expects elevated curtailment revenue at Oklahoma site.
- April 30 stock price of $0.24 represents ~80% discount to BTC holdings per share.