LM Funding America Announces January 2025 Production and Operational Update
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LM Funding America, Inc. (NASDAQ: LMFA) announced that its 15 MW Bitcoin mining site in Oklahoma is fully operational. The company's Bitcoin holdings are valued at $16.1 million as of January 31, 2025.
February 11, 2025 | 1:15 pm
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LM Funding America has announced that its 15 MW Bitcoin mining site in Oklahoma is fully operational, and its Bitcoin holdings are valued at $16.1 million as of January 31, 2025.
The full operation of the 15 MW Bitcoin mining site in Oklahoma is a significant milestone for LM Funding America, potentially increasing its revenue from Bitcoin mining. The valuation of Bitcoin holdings at $16.1 million indicates a strong asset base, which could positively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100