LM Funding America: Sells 18.1 BTC and extends the $11 million Galaxy Digital loan to April 24

BTC-0,54%

ChainCatcher reports that according to market sources, Nasdaq-listed Bitcoin mining company LM Funding America has released an unreviewed Bitcoin mining and operations report, revealing that in February, the company mined 8.7 BTC, the highest monthly output to date. However, during the same period, it sold 18.1 BTC, reducing its total holdings to 354.7 BTC (worth approximately $23.8 million). Additionally, the company disclosed that it has renegotiated and extended the maturity date of a $11 million loan from Galaxy Digital to April 24, 2026.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Former UK Prime Minister Boris Johnson Calls Bitcoin a Ponzi Scheme

Former UK prime minister Boris Johnson sparked a fresh volley of criticism around Bitcoin by labeling it a Ponzi scheme in a Daily Mail op-ed. He recounts a personal anecdote: a friend who handed over 500 pounds, or about $661, to a promoter who promised to “double his money” via BTC, only to be

CryptoBreaking33m ago

Price Predictions 3/13: BTC ETH BNB XRP SOL DOGE HYPE ADA BCH XMR

The article discusses price predictions for various cryptocurrencies including BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, BCH, and XMR, providing insights into market trends and forecasts.

CryptoBreaking37m ago

Bitcoin ETFs Extend Five-Day Streak With $180 Million Inflows

Bitcoin exchange-traded funds (ETFs) extended their inflow streak to five consecutive days with $180 million in new capital. Ether and solana ETFs also posted gains, while XRP ETFs recorded no trading activity. Inflow Momentum Continues as Bitcoin, Ether ETFs Stay Green The steady march of

Coinpedia1h ago

Bitcoin Hits $69K Triggering $192M Liquidations As Traders Eye Next Move

_Bitcoin moved to $69K liquidated $103M in short positions within a $192M total market wipeout._ _Key liquidity clusters now sit between $66K–$69K and $71K–$74K creating a balanced market setup._ _Traders monitor whether BTC holds above $69K or targets lower liquidity near $66K._ Bitcoi

LiveBTCNews1h ago
Comment
0/400
No comments