LM Funding America, Inc. (NASDAQ: LMFA) announced it will change its corporate name to PowerCompute, Inc., effective July 22, 2026, according to a press release.

The company's common stock is expected to begin trading on the Nasdaq market under the new ticker symbol PWCM at the open of trading on July 22, 2026. The company's CUSIP number will remain unchanged, and no action is required by stockholders.

The Tampa, Florida-based company said the name change reflects a strategic shift toward high-performance computing and artificial intelligence infrastructure, alongside its existing Bitcoin mining operations. The company operates 26 megawatts of wholly-owned power infrastructure across facilities in Oklahoma and Mississippi.

Bruce M. Rodgers, Chairman and CEO, said, "In a market where power is the constraint, we already have it. PowerCompute enters this space with 26 megawatts of operational infrastructure across two facilities, a Bitcoin treasury that anchors our balance sheet, and a clear line of sight to the customers who need what we've already built."

The company was founded in 2008 and also operates a specialty finance business providing funding to nonprofit community associations primarily in Florida.