Funding America announced its preliminary, unaudited Bitcoin mining and operational update for the month ended February 28, 2025. “The LuxOS firmware upgrade we implemented in February is delivering measurable results, increasing Bitcoin production without adding more machines, despite February being a shorter month,” stated Bruce Rodgers, Chairman and CEO of LM Funding (LMFA). “This is a snapshot of our business strategy; mine Bitcoin profitably and efficiently, while strengthening our balance sheet and positioning ourselves for further expansion.”
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Read More on LMFA:
- LM Funding Bitcoin subsidiary announces partnership with Luxor Technology
- LM Funding reports 8 bitcoin mined in January
- LM Funding achieves 560 PH/s with 15 MW Oklahoma mining site active
- LM Funding reports bitcoin holdings valued at $15M as of December 31
- LM Funding files to sell 3.47M shares of common stock for holders
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