LM Funding America Announces 31.7 BTC Mined, Estimates The Value Of Its 163.1 Bitcoin Was ~$11.4M For Month Ended May 31, 2024
Portfolio Pulse from Benzinga Newsdesk
LM Funding America, Inc. (NASDAQ:LMFA) announced that it mined 31.7 BTC and estimated the value of its 163.1 Bitcoin holdings to be approximately $11.4 million for the month ended May 31, 2024.
June 10, 2024 | 1:17 pm
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LM Funding America reported mining 31.7 BTC and estimated the value of its 163.1 Bitcoin holdings at $11.4 million for May 2024. This indicates strong performance in its cryptocurrency mining operations.
The announcement of mining 31.7 BTC and the valuation of 163.1 Bitcoin holdings at $11.4 million suggests strong operational performance and potential revenue growth, which is likely to positively impact LMFA's stock price in the short term.
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