Articles from LM Funding America, Inc.

Tampa, FL, Jan. 27, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA), (“LM Funding” or the “Company”) a Bitcoin mining and technology-based specialty finance company, today announced the successful deployment of approximately 432 petahash per second (“PH/s”) of miners at its 15 MW mining site in Oklahoma. This expansion increases the Company's total fleet to 5,121 active miners for an energized hashrate of approximately 560 PH/s across multiple sites, of which 432 PH/s can be overclocked at the Oklahoma mining site.

Gain on Fair Value of Mined Bitcoin of approximately $4.0 Million in Q4 2024

Tampa, FL, Dec. 27, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced a new order with Bitmain for 270 Bitmain S21+ mining machines.

Tampa, FL, Nov. 08, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Wednesday, November 13, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended September 30, 2024, and provide a business update.

Tampa, FL, Oct. 23, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, is pleased to announce the promotion of Ryan Duran from Vice President of Operations to President of its digital mining subsidiary, US Digital Mining and Hosting Co LLC.

Tampa, FL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- LM Funding America Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and a technology-based specialty finance company, today announced that it expects its Bitcoin mining operations to remain unaffected by Hurricane Milton, thanks to the geographic distribution of its miners. The Company fully anticipates its Bitcoin mining operations will continue without any interruptions or damage.

TAMPA, FL, Sept. 03, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced that Bruce Rodgers, Chairman and CEO of LM Funding, will be participating in the H.C. Wainwright 26th Annual Global Investment Conference being held September 9-11, 2024 at the Lotte New York Palace Hotel in New York City.

TAMPA, FL, Aug. 12, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Wednesday, August 14, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended June 30, 2024, and provide a business update.

Total Bitcoin holdings were approximately 160.5 BTC as of June 30, 2024, or approximately $10.2 million based on an estimated July 15, 2024, BTC price of $63,750

Total Bitcoin holdings were approximately 163.1 BTC as of May 31, 2024, or approximately $11.4 million based on an estimated June 7, 2024, BTC price of $70,000

Tampa, FL, June 07, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced a strategic collaboration to support the development of a new 15 MW hosting site being developed by Arthur Mining Inc., near Oklahoma City. In connection with collaboration, LM Funding has committed to loaning $2.5 million to a new joint venture, majority-owned by Arthur Mining and co-owned by a third-party, in order to accelerate completion of the 15 MW hosting site.

TAMPA, FL, May 13, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Thursday, May 16, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended March 31, 2024, and provide a business update.

Total Bitcoin holdings were approximately 155.1 BTC as of April 30, 2024, or approximately $9.7 million based on an estimated May 8, 2024, BTC price of $62,500

TAMPA, FL, April 30, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced the appointment of Marty Traber to the Company’s Board of Directors. Mr. Traber, who previously served as a director for the Company from 2015-2021, replaces Todd Zhang, who is retiring from the board.

Total Bitcoin holdings increased to approximately 163.4 BTC as of March 31, 2024, or approximately $11.7 million based on an estimated April 8, 2024, BTC price of $71,500

TAMPA, FL, March 27, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the “Company") a cryptocurrency mining and technology-based specialty finance company, announced that the Company received notice from Nasdaq on March 26, 2024, indicating that LM Funding had regained compliance with the minimum bid price requirement under Nasdaq Rule 5550(a)(2).

TAMPA, FL, March 25, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Monday, April 1, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended December 31, 2023, and provide a business update.

Expects machines to be located and mining by early April, increasing mining capacity to 673 PH

Total Bitcoin holdings increase to approximately 153.6 BTC as of Februrary 29, 2024, or approximately $10.4 million based on an estimated March 8, 2024, BTC price of $68,000

TAMPA, FL , March 08, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or "LMFA"), a cryptocurrency mining and technology-based specialty finance company, today announced a 1-for-6 reverse stock split of its outstanding common stock, effective at 12:01 a.m. Eastern time on March 12, 2024. Beginning March 12, 2024, LM Funding’s common stock will trade on a split-adjusted basis.

Total Bitcoin holdings increase to approximately 126.8 BTC, or approximately $5.4 million based on an estimated January 31, 2024, BTC price of $42,500

Purchases 300, high-efficiency, S21 Antminers for $1.1 Million

Sale Price of $2 Million Strengthens Balance Sheet; Provides Additional Resources to Purchase New Mining Machines in Preparation for Expected Bitcoin Halving Event in Q2 2024

TAMPA, FL, Nov. 13, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Wednesday, November 15, 2023, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended September 30, 2023, and provide a business update.

Reports Increases in Bitcoin Mined, Bitcoin Sold and New Mining Machines

TAMPA, FL, Sept. 19, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced that Bruce M. Rodgers, Chairman and CEO of LM Funding America participated in an interview with “The Big Biz Show,” an Emmy Award-winning nationally syndicated TV and radio show.

TAMPA, FL, Sept. 06, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced that Bruce M. Rodgers, Chairman and CEO of LM Funding America will be participating in the H.C. Wainwright (HCW) 25th Annual Global Investment Conference being held September 11-13, 2023 at the Lotte New York Palace Hotel in New York City.

TAMPA, FL, Aug. 09, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Monday, August 14, 2023, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended June 30, 2023, and provide a business update.

TAMPA, FL, July 12, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced that it has mined approximately 106.35 Bitcoin (“BTC”) for the three months ended June 30, 2023, bringing the Company’s Bitcoin holdings to approximately 79.1 BTC as of June 30, 2023.

TAMPA, June 06, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced that its $2.6 million “stalking horse” bid to purchase the assets of Symbiont.io, Inc. (“Symbiont”), which is currently in Chapter 11 bankruptcy proceedings, was approved by the bankruptcy court on June 2, 2023.  LM Funding was the sole secured creditor for Symbiont as a result of a $2 million secured loan it made to Symbiont in December 2021, and has now acquired Symbiont’s assets with a credit bid.

TAMPA, FL, Dec. 23, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, announces that the Company’s Chairman and CEO, Bruce Rodgers, will appear on Bloomberg Radio’s national show, Bloomberg Businessweek, today, December 23, at approximately 3:20 PM Eastern Time.

TAMPA, FL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, announces that the Company’s Chairman and CEO, Bruce Rodgers, will appear on BNN Bloomberg’s national show, The Close, today, December 15, at approximately 3:20 PM Eastern Time.

TAMPA, FL, Dec. 06, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, announced today that the Company’s Chairman and CEO, Bruce Rodgers, will appear on CNBC’s national streaming show, Crypto World, today, December 6, at approximately 3:00 PM Eastern Time.

TAMPA, FL, Nov. 30, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, announced today that Bruce Rodgers, Chairman, President and Chief Executive Officer, and Richard Russell, Chief Financial Officer of LM Funding, will be presenting virtually at the upcoming Ladenburg Thalmann Virtual Technology Expo on Wednesday, December 7th, 2022, at 2:30 PM ET.

TAMPA, FL, Nov. 21, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced the appointment of Todd Zhang to the Company’s Board of Directors.  Mr. Zhang replaces Joel Rodgers, who is retiring from service as a director at age 85. 

TAMPA, FL, Oct. 04, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or "LMFA") announced today that Bruce Rodgers, Chairman, President and CEO and Richard Russell, Chief Financial Officer of LM Funding, will present at the Dawson James Securities 7th Annual Small Cap Growth Conference on October 12, 2022 at the Wyndham Grand Hotel in Jupiter, Florida. 

TAMPA, FL / ACCESSWIRE / April 23, 2021 / LM Funding America, Inc. (NASDAQLMFA) ("LM Funding" or "LMFA"), a technology-based specialty finance company, today announced plans to purchase up to $2 million in digital assets. The purchase of Bitcoin, Ether and other digital assets that are not securities is part of LMFA's capital allocation strategy. This purchase will represent approximately ten percent of LMFA's assets.