{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-408391","form_type":"8-K","ticker":"LMFA","cik":"0001640384","company_name":"LM FUNDING AMERICA, INC.","filed_at":"2026-09-30T12:30:20+00:00","discovered_at":"2026-09-30T12:35:00.435008+00:00","generated_at":"2026-10-12T13:58:36.524225+00:00","sec_items":["1.02","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"PowerCompute repays $22.45M Arch Bitcoin-backed loan; secured debt cut 94% to ~$1.25M","bullets":["Arch sold ~267.3 of the 307 pledged Bitcoin at the Sept 24, 2026 reset to cover $21,892,132 principal, $118,582 accrued interest and a $440,122 fee; ~39.6 BTC (~$3.3M) returned.","Total secured debt fell from ~$19.4M at June 30, 2026 to ~$1.25M (~94%); the remainder is a single secured promissory note maturing December 31, 2026, none Bitcoin-backed.","PowerCompute held ~62 Bitcoin (~$5.2M at ~$84,500 per BTC) as of September 25, 2026; annual interest expense on remaining secured debt is ~$140 thousand.","Columbus, MS deployment across 3.5 MW of owned, unenergized capacity plus Calumet, OK fleet upgrades should lift hash rate from ~763 PH/s (Aug 31) to ~964 PH/s, up ~21%.","CEO Bruce M. Rodgers said the company will stop pursuing a leveraged Bitcoin treasury strategy and focus on its 26 MW of owned capacity (15 MW Calumet, 11 MW Columbus) at ~3.3 cents/kWh."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-408391","json":"https://secwatch.observer/filing/0001193125-26-408391.json","markdown":"https://secwatch.observer/filing/0001193125-26-408391.md","text":"https://secwatch.observer/filing/0001193125-26-408391.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640384/000119312526408391/0001193125-26-408391-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640384/000119312526408391/lmfa-20260924.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:58:36.524225+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}