09:17 AM EST, 12/27/2024 (MT Newswires) -- LM Funding America ( LMFA ) said Friday it has ordered 270 S21+ mining machines from Bitmain.

The new miners will be received in March 2025 and placed at LM Funding's new 15 MW Oklahoma mining site, boosting the company's total mining capacity by about 58 petahash, Chief Executive Bruce Rodgers said.

Shares of LM Funding were up 4.4% in premarket activity Friday.