NEWS
LM Funding America, Inc.’s Bitcoin Holdings was Valued at $9.6 million in Monthly Update
LM Funding America, Inc. (NASDAQ: LMFA), a cryptocurrency mining and technology-based specialty finance company, has released a preliminary, unaudited Bitcoin mining and operational update for September 2024. The company's Bitcoin holdings at the end of September were 142.3 BTC, valued at approximately $9.6 millionbased on an estimated BTC price of $67,500 on October 16, 2024.
Key metrics for September 2024 include:
6.6 Bitcoin mined
No Bitcoin sold
3,700 miners deployed
2,200 miners in transit
Potential hash rate of 639 PH/s
The report also provides comparative data for the first three quarters of 2024, showing a total of 148.9 Bitcoin minedand 101.5 Bitcoin sold over the nine-month period.
Key metrics for September 2024 include:
6.6 Bitcoin mined
No Bitcoin sold
3,700 miners deployed
2,200 miners in transit
Potential hash rate of 639 PH/s
The report also provides comparative data for the first three quarters of 2024, showing a total of 148.9 Bitcoin minedand 101.5 Bitcoin sold over the nine-month period.
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