LM Funding estimates 135.7 bitcoin holdings at August end valued at about $8.7M

LM Funding America ( NASDAQ: LMFA ) estimates that the value of its 135.7 Bitcoin holdings on August 31, was approximately $8.7 million, based on an estimated September 24, 2024, BTC price of $64,250. "We continue to make significant progress on our key initiatives, including the expansion of our new 15 MW hosting facility near Oklahoma City, where we relocated approximately 3,000 Antminer S19j Pro machines," Bruce Rodgers, Chairman and CEO of LM Funding ( LMFA ) said. “We are also investing the proceeds from our recent private placement, alongside the $5 million secured non-convertible loan facility, into high-return projects." LMFA is +2.32% to $2.65 Source: Press Release