tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LM Funding mines 7.5 bitcoin in December

LM Funding (LMFA) America announced its preliminary, unaudited Bitcoin mining and operational update for the month ended December 31, 2025. “In December, we mined 7.5 Bitcoin – a Company record for monthly Bitcoin production – and successfully raised approximately $6.1 million in equity to strengthen our balance sheet and improve our capital profile,” said Bruce M. Rodgers, Chairman and CEO of LM Funding. “The capital raise enabled us to purchase 47 Bitcoin at an average price of approximately $87,400 while continuing to scale our immersion mining capacity in Oklahoma. Our focus remains on disciplined execution and scaling our operations in line with our long-term strategy.”

Claim 70% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1