---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-398574"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2026-09-23T12:30:09+00:00"
generated_at: "2026-09-23T12:35:16.676373+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PowerCompute unveils miner refresh: ~39% more hashrate per machine, hashrate to rise 11.8%

## Summary
- 1,000 Bitmain S19 XP miners (132 TH/s each) to replace S19J Pro units at Oklahoma by Sept 30; 940 more ordered for Oct.
- Expected total hashrate rises to ~862 PH/s from 771 PH/s as of June 30, up 11.8% cumulative.
- New units deliver ~39% more hashrate per machine at 21.5 J/TH vs 34 J/TH for retired units; power cost unchanged.
- Total cost of ~$400,000 funded from cash and Bitcoin holdings; incremental revenue capacity ~$1.2M/yr at $40 hashprice.
- Bitcoin treasury: 323 BTC held as of Aug 31, 2026, valued at ~$27.8M at ~$86,000/btc.

## SEC filing metadata
- accession: 0001193125-26-398574
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2026-09-23T12:30:09+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000119312526398574/0001193125-26-398574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000119312526398574/lmfa-20260923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-398574
- JSON: https://secwatch.observer/filing/0001193125-26-398574.json
- Plain text: https://secwatch.observer/filing/0001193125-26-398574.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.