Nasdaq-listed mining company LM Funding America raises $6.5 million, expected to be completed by the end of the year

【Crypto World】Nasdaq-listed Bitcoin mining company LM Funding America recently announced that it has finalized a securities purchase agreement with institutional investors. The financing round is approximately $6.5 million, conducted through a dual-track approach of issuing common stock and warrants. According to the plan, the entire transaction process is expected to be completed around December 22, 2025, pending all routine closing procedures. This financing signifies another round of capital injection for mining companies looking to expand their computing power and respond to market changes. From last year to this year, mining financing has frequently sent signals—institutions’ interest in this sector has not waned.

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GasBankruptervip
· 7h ago
6.5 million dollars? This amount of money is just enough for a mining company to expand its Computing Power, nothing much to make waves about.
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SmartContractWorkervip
· 12-19 15:24
6.5 million dollars, institutions still haven't given up on mining. As long as it's settled before the end of the year, another wave of capital will enter.
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GraphGuruvip
· 12-19 15:16
6.5 million dollars in funding, this scale isn't really that big, and mining companies still need to continue competing for hash power.
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GasFeeCryvip
· 12-19 15:14
6.5 million dollars isn't that much, it seems mining companies are not having an easy time.
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NotSatoshivip
· 12-19 15:02
6.5 million dollars, this fundraising size isn't that big. And they still have to wait until the end of the year? The institutions are just dragging their feet here.
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OvertimeSquidvip
· 12-19 15:01
6.5 million dollars, is that all? It seems like mining companies' appetite for financing has decreased.
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