Friday, November 15, 2024 2:27:37 PM
The MM is making $ on the way down. When finished they will make it on the way up.
If all warrants are converted, outstanding shares will move from 2.7M to about 4.5M shares.
LMFA will have received another 6M in cash.
It is safe to say they will have about 24M in cash and BTC to start 2025. Less roughly 4M to pay off the 15MW plant. 20M
4.5M shares times 2.50 a share is 11.25M market cap right now. So it's not as low as some appear.
They have been diluting all week. But cap is still around 50% BTC + Cash based on new developments.
IMO they short changed themselves not anticipating this giant move in BTC so early. Regardless, they are set up very nicely for 2025.
BTCT probably has no cash, last report they had less than 1M in bitcoin, and no 15MW plant. Not to mention a shady Chinese company.
You can read online that to build 1MW from scratch and provide 300 miners for that MW to power and mine...it costs roughly 2.5M USD
Times 15. 100% owned and paid for.
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
Luke Plants Featured in U.S. Department of the Interior Report to Congress on Strategic Review of National Orphan Well Program • ZEFIF • Jan 21, 2025 10:51 AM
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VOCODIA HOLDINGS INC. (OTCMKTS: VHAI) and TRACCOM INC. (OTCMKTS: TRCC) have signed an MOU to form a Joint Venture that will Revolutionize Event Monitoring with Narrative AI • VHAI • Jan 15, 2025 2:53 PM