LM Funding America (LMFA) Expands Into Cryptocurrency Mining Business

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LM Funding Expands Into Cryptocurrency Mining Business

September 15, 2021 8:00 AM EDT

Purchases 1,000 Bitcoin S19J Pro Antminers from Bitmain for $6.3 Million

First delivery of the pro miner machines is expected during the second quarter of 2022

TAMPA, Fla., Sept. 15, 2021 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or "LMFA") today announced that it is expanding and diversifying its business operations by launching a cryptocurrency mining business. In furtherance of this move, LMFA announced the purchase of 1,000 S19J Pro Miner Machines (S19J) (100 TH/s) from... More