LMFA LM FUNDING AMERICA INC

LM Funding to Present at the H.C. Wainwright 24th Annual Global Investment Conference

LM Funding to Present at the H.C. Wainwright 24th Annual Global Investment Conference

TAMPA, FL, Sept. 07, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a technology-based specialty finance company with a primary focus on expanding into the cryptocurrency mining business, today announced that Bruce Rodgers, Chairman, President and CEO of LM Funding, will be presenting at the H.C. Wainwright 24th Annual Global Investment Conference which is being held September 12th - 14th, 2022. The event will include virtual participation as well as in-person participation at the Lotte New York Palace Hotel in New York City.

Mr. Rogers is scheduled to present on Wednesday, September 14th at 11:00 AM ET.  The presentation will be available to registered conference attendees via the conference portal. Additionally, a webcast of the Company’s presentation can be accessed and will be available for replay on the Investor Relations section of LM Funding’s website at . Management will also be participating in one-on-one meetings with qualified members of the investment community throughout the conference.

About LM Funding America

LM Funding America, Inc., together with its subsidiaries, is a technology-based specialty finance company that provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado and Illinois, by funding a certain portion of the Associations' rights to delinquent accounts that are selected by the Associations arising from unpaid Association assessments. LMFA has also entering the cryptocurrency mining business through its subsidiary, US Digital Mining and Hosting Co., LLC.

Forward-Looking Statements

This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guaranties of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at . These risks and uncertainties include, without limitation, uncertainty created by the COVID-19 pandemic, the risks of entering into and operating in the cryptocurrency mining business, the capacity of our bitcoin mining machines and our related ability to purchase power at reasonable prices, he ability to finance our planned cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, the need for capital, our ability to hire and retain new employees, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry.  The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

Contact:

Crescendo Communications, LLC

Tel: (212) 671-1021

Email:



EN
07/09/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on LM FUNDING AMERICA INC

 PRESS RELEASE

LM Funding America Achieves 560 PH/s with 15 MW Oklahoma Mining Site A...

LM Funding America Achieves 560 PH/s with 15 MW Oklahoma Mining Site Active Tampa, FL, Jan. 27, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA), (“LM Funding” or the “Company”) a Bitcoin mining and technology-based specialty finance company, today announced the successful deployment of approximately 432 petahash per second (“PH/s”) of miners at its 15 MW mining site in Oklahoma. This expansion increases the Company's total fleet to 5,121 active miners for an energized hashrate of approximately 560 PH/s across multiple sites, of which 432 PH/s can be overclocked at the Okl...

 PRESS RELEASE

LM Funding America, Inc.’s Bitcoin Holdings Valued at $15.0 Million in...

LM Funding America, Inc.’s Bitcoin Holdings Valued at $15.0 Million in Monthly Update Gain on Fair Value of Mined Bitcoin of approximately $4.0 Million in Q4 2024 TAMPA, FL, Jan. 16, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today provided a preliminary, unaudited Bitcoin mining and operational update for the month ended December 31, 2024.  Metrics *  One Month December 31, 2023  One Month October 31, 2024 One Month November 30, 2024 One Month December ...

 PRESS RELEASE

LM Funding America, Inc. Orders Bitmain S21+

LM Funding America, Inc. Orders Bitmain S21+ Tampa, FL, Dec. 27, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced a new order with Bitmain for 270 Bitmain S21+ mining machines. Bruce M. Rodgers, Chairman and CEO of LM Funding commented, “These new miners will be received in March 2025 and will be placed at our new 15MW Oklahoma Mining site. We anticipate that this will increase our total mining capacity by approximately 58 petahash. After we move our e...

 PRESS RELEASE

LM Funding America, Inc.’s Bitcoin Holdings Valued at $14.2 Million in...

LM Funding America, Inc.’s Bitcoin Holdings Valued at $14.2 Million in Monthly Update TAMPA, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today provided a preliminary, unaudited Bitcoin mining and operational update for the month ended November 30, 2024. Metrics *   One MonthNovember30, 2023   One MonthSeptember30, 2024   One MonthOctober31, 2024  One MonthNovember30, 2024        Bitcoin Mined, net 33.8  6.6 7.3 7.4 Bitcoin Sold (30.0) - (9.0)(5.7)S...

 PRESS RELEASE

LM Funding America, Inc. Closes Purchase of 15MW Mining Site

LM Funding America, Inc. Closes Purchase of 15MW Mining Site TAMPA, Fla., Dec. 09, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced the acquisition of 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. “We are thrilled to have acquired this site with 60MW of mining potential through a series of financings to the JV,” said Bruce M. Rodgers, ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch