Lm funding america, inc. enters into agreement to make pivotal acquisition

Tampa, fla., nov. 14, 2024 (globe newswire) -- lm funding america, inc. (nasdaq: lmfa) (“lm funding” or the “company”), a cryptocurrency mining and technology-based specialty finance company, is pleased to announce the signing of an asset purchase agreement to acquire the business assets of a 15 mw mining site in oklahoma from tech infrastructure jv i llc (“jv”), a joint venture majority-owned by arthur inc., for $7.3 million. the company currently operates 10 mw of machines actively mining bitcoin (btc) at this site.
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