Nasdaq-listed Bitcoin mining company LM Funding America plans to raise $6.5 million through a stock offering

TechFlow, Dec 19 — According to GlobeNewswire, LM Funding America, a Nasdaq-listed Bitcoin mining company, announced it has entered into a securities purchase agreement with an institutional investor to raise approximately $6.5 million through the issuance of common stock and warrants. The offering is expected to close around December 22, 2025, subject to customary closing conditions. Additionally, the company announced that its mining units at its Oklahoma facility have successfully commenced operations, adding approximately 35 petahash per second (PH/s) of Bitcoin mining hashpower.