secwatch.observer — SEC 8-K summary
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Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2026-09-23T12:30:09+00:00
Accession:  0001193125-26-398574
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000119312526398574/0001193125-26-398574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000119312526398574/lmfa-20260923.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-398574

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