BRIEF-LM Funding Provides Year-End Business Update

Reuters

2023/03/31

March 31 (Reuters) - LM Funding America Inc :

* LM FUNDING AMERICA, INC. PROVIDES YEAR-END BUSINESS UPDATE; REPORTS SUCCESSFUL REPOSITIONING INTO BITCOIN MINING STRATEGY

* LM FUNDING AMERICA INC - ABOUT 2,800 BITCOIN MINING MACHINES IN OPERATION AS OF DEC 31, 2022

* LM FUNDING AMERICA INC - PLACED ABOUT 700 MACHINES IN OPERATION IN Q1 2023

* LM FUNDING AMERICA - ANTICIPATE ADDITIONAL ABOUT 2,300 MACHINES INSTALLED BY JUNE 30, 2023, TO BRING TOTAL INSTALLED CAPACITY TO ABOUT 600 PH/S

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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