Brief: LM Funding Provides Year-End Business Update

Powercompute

31/03/2023 13:07

March 31 (Reuters) - LM Funding America Inc  LMFA.O :
    * 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:  ID:nPnbYXnlWa 
Further company coverage:  LMFA.O 

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