tl;dr

LM Funding America (NASDAQ: LMFA) announced that the company successfully mined 27.9 bitcoins in March. At the end of the month, the value of its bitcoin holdings stood at approximately $11.7 million, based on an estimated BTC price of $71,500 on April 8, 2024. During the same period, the company so...

LM Funding America (NASDAQ: LMFA) announced that the company successfully mined 27.9 bitcoins in March. At the end of the month, the value of its bitcoin holdings stood at approximately $11.7 million, based on an estimated BTC price of $71,500 on April 8, 2024. During the same period, the company sold 18 bitcoins. The approximate deployed hash rate at quarter-end was 614 PH/s.

More about LM Funding America Inc
LM Funding America, Inc., through its subsidiary, LM Funding, LLC, is a specialized finance company. The company is headquartered in Tampa, Florida.

Industry: FINANCE

Sector: FINANCE SERVICES

Market Cap: 8412600

Dividend Yield: None

Revenue: None

Net Income: -15.48

Earnings Per Share: 4.525

Price/Earnings Ratio: 0

Shares Outstanding: 9954600

Beta: 6

Volatility: -0.894

Stock Price: 17.21


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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 9 Nov 24
 9 Nov 24
 8 Nov 24