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LM Funding America ( (LMFA) ) has shared an update.
LM Funding America has completed a $7.3 million acquisition of Tech Infrastructure JV I LLC’s assets, enhancing its digital mining capabilities. Furthermore, the company entered a warrant exercise deal, raising $5.1 million by enabling an institutional investor to exercise existing warrants. This move is anticipated to bolster LM Funding’s position in the cryptocurrency mining sector while addressing outstanding loans and leveraging new financial opportunities.
Find detailed analytics on LMFA stock on TipRanks’ Stock Analysis page.