LMFA - LM Funding America contracts GIGA to host 1080 Bitcoin mining machines
2023-05-08 08:56:45 ET
- Cryptocurrency mining and technology-based specialty finance company, LM Funding America ( NASDAQ: LMFA ) has signed a new contract with GIGA Corporation to host 1,080 of its bitcoin mining machines.
- These mining machines are expected to be electrified and mining by May 31, 2023.
- LM Funding also announced it has acquired ~14,000 additional terahash in the form of 100 XP machines purchased at a discount from Bitmain Technologies Limited through its Pizza Day Raffle promotion.
- The stock price has declined about 5.8% during pre-market on Monday.
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LM Funding America contracts GIGA to host 1,080 Bitcoin mining machines