secwatch.observer — SEC 8-K summary
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Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2026-10-06T12:30:29+00:00
Accession:  0001193125-26-414991
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 1.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000119312526414991/0001193125-26-414991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000119312526414991/lmfa-20261006.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-414991

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