LM Funding America Inc (LMFA): New stats 2.6M raise 5M loan 2M in...

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LM Funding America Inc (LMFA)

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Friday, 08/16/2024 9:02:03 PM

Friday, August 16, 2024 9:02:03 PM

New stats

2.6M raise
5M loan
2M in btc sales

Approximately 10M cash raised last couple of weeks. 130 btc worth 8M. Nearly 6000 miners (s19s)

Recent build outs of plants is 275-300k usd a Megawatt. Last btc miner purchase of s21s was 300 north of 1M usd.

Even with 10M liquid and 8M bitcoin, with the losses just from operations and paying executives/staff...this only buys time.

Need 10s of millions minimum to even make a dent in the space. If not 100s of millions.

I do expect a jump in the stock. Lots of new warrants now at 2.93 a share. The company will want/need the cash and the investor will want to cash some out.

Wouldn't be surprised to see double digits by year end.

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Recent LMFA News

Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2025 01:34:30 PM
LM Funding America, Inc.’s Bitcoin Holdings Valued at $15.0 Million in Monthly Update • GlobeNewswire Inc. • 01/16/2025 01:30:00 PM
Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 01/13/2025 10:17:59 PM
Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/10/2025 09:47:08 PM
LM Funding America, Inc. Orders Bitmain S21+ • GlobeNewswire Inc. • 12/27/2024 01:30:00 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2024 09:40:38 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/10/2024 01:35:29 PM
LM Funding America, Inc.’s Bitcoin Holdings Valued at $14.2 Million in Monthly Update • GlobeNewswire Inc. • 12/10/2024 01:30:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/09/2024 09:52:14 PM
LM Funding America, Inc. Closes Purchase of 15MW Mining Site • GlobeNewswire Inc. • 12/09/2024 02:00:42 PM
LM Funding America Enters Into Warrant Exercise Transaction for Gross Proceeds of $5.1 Million • GlobeNewswire Inc. • 12/09/2024 01:00:15 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/04/2024 09:48:06 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/25/2024 11:46:20 AM
Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 11/22/2024 05:15:05 AM
Form 8-K - Current report • Edgar (US Regulatory) • 11/21/2024 01:31:38 PM
LM Funding America, Inc.’s Bitcoin Holdings Valued at $13.3 million in Monthly Update • GlobeNewswire Inc. • 11/21/2024 01:30:12 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/18/2024 10:14:18 PM
LM Funding America, Inc. Enters into Agreement to Make Pivotal Acquisition • GlobeNewswire Inc. • 11/14/2024 03:00:20 PM
CORRECTION -- LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2024 • GlobeNewswire Inc. • 11/13/2024 02:54:53 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/13/2024 02:17:44 PM
LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2024 • GlobeNewswire Inc. • 11/13/2024 01:30:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/12/2024 10:01:46 PM
LM Funding America, Inc. Schedules Third Quarter 2024 Financial Results and Business Update Conference Call • GlobeNewswire Inc. • 11/08/2024 07:20:00 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/07/2024 10:32:58 PM

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