Welcome to our dedicated page for Lm Fdg Amer news (Ticker: LMFA), a resource for investors and traders seeking the latest updates and insights on Lm Fdg Amer stock.
LM Funding America Inc (LMFA) maintains this dedicated news hub to provide stakeholders with comprehensive updates across its specialty finance and cryptocurrency mining operations. Our curated collection features official press releases, financial disclosures, and strategic announcements from the company.
Key resources include: Quarterly earnings reports detailing performance across both business segments, operational updates on Bitcoin mining capacity expansions, and partnership announcements with community associations. Investors will find timely information about capital allocation strategies and regulatory developments affecting both industries.
This centralized repository enables efficient tracking of LMFA's progress in converting delinquent assessments into working capital through innovative funding solutions, while simultaneously monitoring advancements in its energy-efficient mining infrastructure. Content is organized chronologically showcase the company's dual-sector growth without promotional commentary.
For ongoing monitoring, we recommend this page for bookmarking or RSS subscription. Check regularly for updates on new association partnerships, mining facility optimizations, and financial performance metrics that demonstrate LMFA's unique market position.
LM Funding America, Inc. (NASDAQ: LMFA) will participate in the World Digital Mining Summit in Singapore on February 21, 2023. This summit, hosted by BITMAIN, brings together leaders in cryptocurrency mining to explore investment opportunities and trends in Web 3.0. Bruce M. Rodgers, Chairman and CEO, expressed excitement for the chance to form strategic partnerships and expand blockchain contracts. The company, which began Bitcoin mining in September 2022, also supports nonprofit community associations, primarily in Florida and several other states. Participation in this summit aims to enhance LMFA’s presence in the cryptocurrency sector.
LM Funding America, Inc. (NASDAQ:LMFA) announced that its Chairman and CEO, Bruce Rodgers, will appear on Bloomberg Radio's Bloomberg Businessweek on December 23, 2022, at approximately 3:20 PM ET. The company, which began Bitcoin mining operations in September 2022, also offers funding to nonprofit community associations in Florida and other states. The press release mentions forward-looking statements related to various risks, including those tied to cryptocurrency mining and operational uncertainties.
LM Funding America (NASDAQ:LMFA) announced that its Chairman and CEO, Bruce Rodgers, will appear on BNN Bloomberg's national show, The Close, on December 15 at 3:20 PM ET. The Company operates in cryptocurrency mining, commencing operations in September 2022, and also provides funding to nonprofit community associations in Florida and other states. Forward-looking statements in the PR highlight risks including cryptocurrency market volatility and operational challenges, emphasizing the need for careful consideration of these factors.
LM Funding America (LMFA) announced that its Chairman and CEO, Bruce Rodgers, will appear on CNBC’s Crypto World today, December 6, at approximately 3:00 PM ET.
The company, which began Bitcoin mining operations in September 2022, also operates a finance business serving nonprofit community associations primarily in Florida, Washington, Colorado, and Illinois.
Investors are urged to consider risks including cryptocurrency market volatility and operational challenges in mining.
LM Funding America, Inc. (NASDAQ:LMFA) announced its participation in the Ladenburg Thalmann Virtual Technology Expo on December 7, 2022, at 2:30 PM ET. Bruce Rodgers and Richard Russell will present on the company's cryptocurrency mining operations and specialty finance services. The Expo will feature presentations from about 50 technology and media companies, offering a platform for institutional investors. Attendees can register for the event and request one-on-one meetings with presenting companies through the dedicated event website.
LM Funding America, Inc. (NASDAQ:LMFA) announced updated details from their Q3 2022 financial results and business operations. They reported a working capital of $15.5 million and stockholders’ equity of $62.2 million ($4.75 per share) as of September 30, 2022. The company projects a growth in Bitcoin miners from 1,200 to approximately 2,700 by year-end. Revenue for Q3 2022 was approximately $188,000, down from $224,000 in the same quarter last year, attributed to their focus on Bitcoin mining and timing issues.
LM Funding America, Inc. (NASDAQ:LMFA) reported financial results for the quarter ending September 30, 2022, highlighting a shift to Bitcoin mining. The company has 1,200 miners operational, with plans to expand to approximately 2,700 by year-end. As of September 30, 2022, LMFA reported cash reserves of $10.2 million, working capital of $15.5 million, and total stockholders' equity of $62.2 million, translating to $4.75 per share. Revenues for the quarter were around $188,000, a decrease from $224,000 year-over-year, largely due to the timing of mining operations.
LM Funding America, Inc. (NASDAQ:LMFA) announced participation in the Dawson James Securities 7th Annual Small Cap Growth Conference on October 12, 2022, at 5:00 PM ET. Chairman and CEO Bruce Rodgers, along with CFO Richard Russell, will present at the event held at the Wyndham Grand Hotel in Jupiter, Florida. Investors can access the presentation via a live webcast and subsequent archived recordings through the company's website. LM Funding, a cryptocurrency mining and specialty finance business, serves community associations in several states.
LM Funding America (NASDAQ:LMFA) announced the energization of 848 S19J Pro Antminer Mining Machines at Core Scientific's facility in Kentucky. Chairman Bruce M. Rodgers expressed confidence in generating Bitcoin revenue to cover operating costs and reinvesting in further mining operations. The company aims to have all 5,400 machines operational by December 31, 2022, generating approximately 544 petahash annually. Additionally, LMFA has ordered 200 Bitmain S19 XP mining machines, expected to arrive between December 2022 and January 2023.
LM Funding America has entered into a hosting agreement with Core Scientific for 1,200 bitcoin mining machines, complementing its existing contract with Compute North for 4,200 miners. This move, part of LMFA's strategy to diversify hosting partnerships, also includes the purchase of 400 additional S19J Pro Antminers from Bitmain for approximately $1.26 million, raising its total miner fleet to over 5,400 machines. The company's projected total hashrate aims to reach 544 Petahash, reinforcing its commitment to Bitcoin's long-term growth amidst favorable pricing conditions.
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