LM Funding America Reports Decrease in Bitcoin Mining in December

MT Newswires Live

01-17

LM Funding America (LMFA) said Thursday it mined 7 bitcoins in December, compared with 7.4 in November.

The miner said its bitcoin holdings totaled 150.2 at the end of December, worth about $15 million.

LM Funding expects to recognize a $4 million gain on the fair value of its mined Bitcoin holdings in Q4 2024, according to Chief Executive Bruce Rodgers.

Price: 2.11, Change: +0.01, Percent Change: +0.48

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