Highest-materiality recent filing
PowerCompute unit secures $21.89M Bitcoin-backed loan from Arch Lending to refinance prior debt
New Collar Loan: $21,892,131.88 principal, 6.5% APR, secured by 307 BTC; floor $71,112, ceiling $75,000, barrier $93,500.
PowerCompute July update: 7.9 BTC mined, 315.1 BTC treasury, debt refinanced
Net Bitcoin mined in July 2026: 7.9 BTC, down from 8.7 in June; sold 11.1 BTC vs 13.1 in June.
PowerCompute Q2 2026: Revenue $2.1M (+9.8% YoY), Net Loss $4.6M, Refinances $18M Debt at 2% APR
Q2 revenue $2.1M, up 9.8% YoY; mined 27.9 BTC at avg $72k vs 26.1 BTC in Q1.
PowerCompute refinances $18M debt with Arch Lending at ~2% APR, using 307 BTC collateral
Borrowed $18,127,131.88 on Aug 3, 2026 via non-recourse, collared 30-day rolling loan secured by 307 Bitcoin.
PowerCompute refinances $18M debt with Arch Lending at 2% APR, down from 12%
Refinanced $18.1M of existing debt (Galaxy Digital $11M, Liebel $5M+$2M) into a single Arch Lending facility.
Borrowed $18M via two bridge notes from Arch Lending (ChainFi Inc.) on July 27, 2026, to repay $18M aggregate indebtedness to Galaxy Digital LLC and DE & AJ Liebel Limited Partnership.
PowerCompute regains Nasdaq minimum bid price compliance after 1-for-25 reverse split
Nasdaq notified PowerCompute on July 27, 2026 that it regained compliance with the $1.00 bid price rule.
LM Funding America to rename as PowerCompute, Inc., ticker changes to PWCM on July 22, 2026
Name change to PowerCompute, Inc. effective July 22, 2026; ticker symbol changes to PWCM.
LM Funding announces 1-for-25 reverse stock split effective July 13 to regain Nasdaq compliance
Reverse stock split at 1:25 ratio, effective 12:01 a.m. ET on July 13, 2026; trading begins split-adjusted same day.
LM Funding mined 8.7 BTC in June, HODL 318.3 BTC valued at $18.6M
Net Bitcoin mined 8.7 in June, down from 9.8 in May.
Ordered initial NVIDIA GPU hardware for Oklahoma facility; marketing up to 10 MW of available power to AI customers.
LM Funding stockholders approve reverse stock split and warrant issuance at annual meeting
Approved reverse stock split at ratio of 1:5 to 1:25, with exact ratio to be set by board (7,335,079 for, 1,695,929 against).
LM Funding America extends $11M Galaxy Digital loan maturity to August 28, 2026
Extended $11M loan with Galaxy Digital LLC from June 26 to August 28, 2026.
LM Funding Q1 2026 net loss $10.1M; record hashrate 790 PH/s, Bitcoin holdings 338.2
Revenue $2.1M, down 11% YoY; net loss $10.1M vs $5.4M loss in Q1 2025.
LM Funding April Bitcoin production flat at 9.4 BTC; HODL slips to 334.0
Mined net 9.4 Bitcoin in April (vs 9.6 in March); sold 13.5 BTC during month.
LM Funding mined 9.6 BTC in March; Bitcoin holdings valued at $1.07/share vs $0.25 stock close
Mined 9.6 Bitcoin net in March 2026 (up from 8.7 in Feb); sold 23.1 BTC, HODL fell to 341.2.
LM Funding America extends $11M Galaxy Digital loan to June 26, 2026
Extended $11M loan from Galaxy Digital LLC, originally due April 24, 2026, to June 26, 2026 via new draw.
LM Funding Q4 2025 net loss $17.9M, revenue $2.4M (+19% YoY)
Q4 revenue $2.4M, up 8.7% sequential and 19.2% YoY; net loss $17.9M vs net income $1.0M in Q4 2024.
LM Funding signs $75M at-the-market equity offering agreement with Maxim Group
Up to $75M of common stock may be sold from time to time through Maxim Group as sales agent.
LM Funding mined 8.7 BTC in Feb (highest monthly); HODL 354.7 BTC; extended Galaxy loan to Apr 24
Net Bitcoin mined 8.7 in Feb vs 7.8 in Jan; sold 18.1 BTC during month.
LM Funding America rolls over $11M Galaxy loan, extends maturity to April 24
On Feb 27, 2026, borrowed $11M from Galaxy Digital LLC to repay the Jan 28, 2026 loan due same day.
LM Funding reports Jan Bitcoin production of 7.8 BTC; holdings 364.1 BTC worth $29.1M
Bitcoin holdings of 364.1 BTC at Jan 31, 2026, valued at ~$29.1M or $1.36 per share.
LM Funding America rolls $11M loan with Galaxy Digital to Feb 27, 2026
Borrowed new $11M loan under Master Digital Currency Loan Agreement with Galaxy Digital LLC on Jan 28, 2026.
LM Funding receives Nasdaq delisting notice for bid price below $1.00 for 35 days
Received Nasdaq letter on Jan 7, 2026, for non-compliance with minimum bid price rule (closing bid below $1.00 for 35 consecutive days).
LM Funding mined record 7.5 Bitcoin in Dec; holds 356.3 BTC valued at $31.4M
Mined 7.5 net Bitcoin in December 2025 (company record); total HODL 356.3 BTC valued at ~$31.4M ($1.46/share).
LM Funding America reduces warrant exercise price from $0.97 to $0.48 for 16.7M warrants
Exercise price of 16,670,623 common stock warrants reduced from $0.97 to $0.48 per share.
LM Funding America prices $6.5M registered direct offering at $0.71/unit
Combined effective price $0.71 per share (or pre-funded warrant in lieu) plus one common warrant.
LM Funding mined 6.9 BTC in Nov; HODL 301.8 BTC valued at $27.5M ($2.25/sh)
November net Bitcoin production of 6.9, down from 7.5 in October; total HODL increased to 301.8 BTC.
LMFA closes acquisition of Greenidge Mississippi assets; acquired ops lost $1.1M in 2024
Transaction closed September 16, 2025; acquired ~6.4-acre property and 2,330 Bitcoin miners.
LM Funding Q3 revenue up 74% YoY to $2.2M; mining margin 49%; holds 304.5 BTC
Revenue $2.2M (+73.5% YoY, +13% seq); net loss $3.7M vs $4.3M prior year.
LMFA reduces exercise price of two warrant series to $0.97; share count increases to 15.5M
August 2025 warrants exercise price cut to $0.97; total shares issuable rises to 15,516,850.
October net Bitcoin production of 7.5, a 27% increase from September's 5.9.
LM Funding America authorizes up to $1.5M share repurchase program
Board authorized repurchase of up to $1.5M of LMFA common stock through Sept 30, 2026.
LM Funding repurchases 3.3M shares/warrants for ~$8M; borrows $11M from Galaxy Digital
Repurchased 3,308,575 shares and associated warrants (adjusted to 7,248,787 warrant shares) for ~$8M from Aug 2025 private placement investors.
LM Funding draws $700k second tranche from SE & AJ Liebel loan
On Oct 21, 2025, LM Funding drew $700k second tranche under a previously amended loan agreement.
LMFA stockholders elect directors, ratify auditor, approve dilutive warrant issuance
Andrew Graham, Frederick Mills, Frank Silcox elected as Class III directors (votes for ~1.75M each).
LM Funding September update: 304.5 BTC ($34.7M), Mississippi site acquired $4.3M, new VP
Bitcoin holdings 304.5 as of Sept 30, valued at ~$34.7M ($2.24/share) vs stock price $1.14.
LM Funding awards 352k options at $1.14 and $1.3M cash bonuses to three executives
Granted 176,100 options to Bruce Rodgers, 114,500 to CFO Richard Russell, 61,700 to Ryan Duran; exercise $1.14, 10-yr term, half vest each anniversary.
LM Funding closes $4M acquisition of 11 MW Mississippi Bitcoin mining site at $0.036/kWh
Acquired 11 MW facility from Greenidge for $4.0M total including ~2,300 S19 miners (157 PH/s).
LM Funding doubles Bitcoin treasury to 311.2 BTC in August; purchased 164 Bitcoin after financing
Bitcoin mined net 5.8 (down from 5.9); sold 9 to fund Mississippi acquisition escrow and working capital.
LMFA warrant exercise price reduced to $1.10; share count more than doubles
Exercise price of August 2025 warrants cut from $2.41 to $1.10 per share.
LM Funding America Raises $23M in Combined Offerings to Expand Bitcoin Treasury
Raised $10.4M from PIPE offering and $12.6M from registered direct offering on August 18, 2025.
LM Funding America raises $23M via PIPE and direct offering to buy Bitcoin
Closed $10.4M PIPE and priced $12.6M registered direct offering; combined gross proceeds ~$23M.
LM Funding Q2 net income $0.1M, mining margin 41%; signs $3.9M Mississippi site acquisition
Q2 revenue $1.9M, down 18.7% sequentially and 36% YoY; mined 18.4 BTC down 24.3% sequentially.
LMFA July 2025 Bitcoin mined up 7% to 5.9 BTC; treasury reallocated for expansion
Mined 5.9 net Bitcoin in July (vs 5.5 in June), sold 11.0, HODL decreased to 150.4 BTC.
LM Funding America to acquire Mississippi mining site and infrastructure for $3.9M
Total consideration ~$3.9M, paid as $195K earnest money deposit and $3.705M cash at closing.
LM Funding mined 5.5 Bitcoin in June, curtailed due to heat; Bitcoin treasury $16.7M
Net Bitcoin mined 5.5 in June vs 6.3 in May, down 13%.
LMFA Bitcoin holdings rise to 155 BTC worth $16.2M; production dips on machine relocation
Net Bitcoin mined 6.3 (vs 6.6 Apr); HODL climbed to 155 BTC valued at $16.2M or $3.16/share (stock $1.93).
LMFA Q1 2025 revenue $2.4M, net loss $5.4M; mined 24.3 BTC, mining margin 38.5%
Revenue $2.4M, up 19.4% sequentially, down 48.9% YoY; Bitcoin mining revenue $2.3M, up 25.3% sequentially.
LM Funding mined 6.6 Bitcoin in April, down from 8.7 in March; HODL 148.7 BTC valued at $14.1M
April net Bitcoin mined 6.6 (vs 8.7 in March, 7.6 in Feb); sold 18.0 Bitcoin during month.
On April 29, 2024, the Board appointed Martin Traber, effective immediately, to serve as a director to fill the vacancy resulting from Mr. Zhang’s resignation.
Effective April 25, 2024, Tian “Todd” Zhang resigned as a member of the board of directors (the “Board”) of LM Funding America, Inc. (the “Company”).
Effective November 16, 2022, Mr. Joel E. Rodgers resigned from his position as a member of the board of directors of the Company.
Effective November 16, 2022, the Company’s board of directors appointed Tian “Todd” Zhang to the Company’s board of directors to fill the vacancy created by the resignation of Mr. Joel Rodgers.
Max materiality 0.90 · Median 0.60 · Most common event other_material