Lm Funding America, INC 8-K filings

LM Funding America has successfully raised approximately $2.6 million through a registered direct offering and concurrent private placement to bolster its working capital and Bitcoin mining operations.

LM Funding America reported a decrease in revenue due to the Bitcoin halving event, but is expanding its mining operations and secured a $5 million loan.

LM Funding America, Inc. has secured a $5 million loan to expand its Bitcoin mining operations and is in the process of acquiring a mining facility with a potential capacity of 72 MW.

LM Funding America reported its June 2024 Bitcoin mining production, a redeployment of mining machines to lower-cost sites, and a potential $5 million loan for additional mining equipment.

LM Funding America's subsidiary, LMFA Financing, LLC, has extended a $2.5 million credit line to Tech Infrastructure JV I LLC to fund the completion of a 15 MW hosting facility in Calumet, Oklahoma.

LM Funding America announced its Bitcoin mining operations update for May 2024, reporting total holdings of 163.1 BTC valued at approximately $11.4 million.

LM Funding America achieved a 105% year-over-year revenue increase to $4.7 million and a net income of $1.9 million for the first quarter of 2024, driven by its Bitcoin mining operations.

LM Funding America announced its Bitcoin holdings reached 155.1 BTC, valued at approximately $9.7 million, as of April 30, 2024, following a month of solid mining results.

LM Funding America has appointed Martin Traber to its Board of Directors, replacing Tian Todd Zhang who resigned, effective April 25, 2024.

LM Funding America increased its Bitcoin holdings to 163.4 BTC, valued at approximately $11.7 million, as of March 31, 2024, and provided an update on its mining operations.

LM Funding America saw a 648% increase in revenue in 2023, reaching $13.0 million, primarily due to its Bitcoin mining operations.

LM Funding America has successfully regained compliance with Nasdaq's minimum bid price requirement after its stock price closed above $1.00 for ten consecutive days.

LM Funding America increased its Bitcoin holdings to 153.6 BTC, valued at approximately $10.4 million, as of February 29, 2024, and mined 26.8 BTC in February.

LM Funding America has announced a 1-for-6 reverse stock split effective March 12, 2024, to comply with Nasdaq listing requirements and attract a broader investor base.

LM Funding America reported a significant increase in its Bitcoin holdings to 126.8 BTC by the end of January, driven by mining operations.

LM Funding America released an investor presentation detailing its Bitcoin mining strategy, financial position, and recent operational activities.

LM Funding America announced an increase in Bitcoin holdings to 95.1 BTC, valued at $4.0 million, and provided an update on its mining operations for the three and twelve months ended December 31, 2023.