---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-414991"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2026-10-06T12:30:29+00:00"
generated_at: "2026-10-12T16:31:37.267798+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PowerCompute lifts Columbus, Mississippi power to 11 MW, dodging TVA's $1.5M/MW data center capacity charge

## Summary
- US Digital Mining Mississippi signed a Columbus Light and Water power contract effective Oct 1, 2026 raising site demand from 8.5 MW to 11 MW; term ends Sept 16, 2030, with a five-year renewal.
- Move to CLW's Large Data Service Rate, Schedule DCB, avoids TVA's ~$1.5M per MW Capacity Commitment Rider; no charge was assessed on any of the 11 MW.
- Columbus Light and Water returns the company's $300,000 deposit, replaced by a utility bond; no capital contribution required, with cash redirected to Columbus capacity buildout.
- Columbus site holds ~2,373 Antminer machines and ~205 PH/s as of Sept 30, 2026; company operates 26 MW total — 15 MW at Calumet, Oklahoma and 11 MW at Columbus.
- After repaying and terminating its Bitcoin-backed credit facility on Sept 30, 2026, PowerCompute said it will no longer pursue a leveraged Bitcoin treasury strategy.

## SEC filing metadata
- accession: 0001193125-26-414991
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2026-10-06T12:30:29+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000119312526414991/0001193125-26-414991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000119312526414991/lmfa-20261006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-414991
- JSON: https://secwatch.observer/filing/0001193125-26-414991.json
- Plain text: https://secwatch.observer/filing/0001193125-26-414991.txt

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