secwatch.observer — SEC 8-K summary
======================================

Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2026-09-09T12:00:18+00:00
Accession:  0001193125-26-385908
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PowerCompute holds 323 BTC, mines 7.9 in August; plans miner refresh to boost hash rate 7%
--------------------------------------------------------------------------------

- Held 323 BTC (~$25.2M) at Aug 31, 2026; 307 BTC pledged under Arch facility with $21.9M outstanding.
- Mined 7.9 BTC net in August, flat vs July; sold 0 BTC; energy curtailment sales ~$132k (~1.7 BTC).
- Ordered ~1,000 miners to replace S19j Pro units; expected online by Sept 30, 2026, lifting hash rate ~7% to 825 PH/s.
- Total energy sales over past two months ~$223k; shares outstanding 2,421,472 as of Aug 31, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000119312526385908/0001193125-26-385908-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000119312526385908/lmfa-20260909.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-385908

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