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PowerCompute (Nasdaq: PWCM), formerly LM Funding America, issued a shareholder letter outlining its new strategic direction and confirmed its common stock now trades under the new ticker PWCM effective July 22, 2026. The company is evolving from a pure Bitcoin treasury and mining model toward owning and operating high-performance computing (HPC) and AI infrastructure.
PowerCompute reports building 26 MW of wholly-owned power infrastructure in about fifteen months, with roughly 22 MW currently used for Bitcoin mining but immediately addressable for HPC. The company is in discussions with an Oklahoma power provider about a potential 10–50 MW capacity expansion and is running a proof-of-concept deployment of professional-grade GPUs at its Oklahoma facility, listed on a GPU compute marketplace to generate early revenue and operational know-how. According to PowerCompute, a full HPC buildout of its existing 26 MW could support $20–$50 million in potential annual revenue, based on industry benchmarks and assuming full deployment and additional funding, and is not company-specific guidance.