financetom
Business
financetom
/
Business
/
LM Funding America Reports Decrease in Bitcoin Mining in December
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
LM Funding America Reports Decrease in Bitcoin Mining in December
Jan 16, 2025 12:19 PM

02:58 PM EST, 01/16/2025 (MT Newswires) -- LM Funding America ( LMFA ) said Thursday it mined 7 bitcoins in December, compared with 7.4 in November.

The miner said its bitcoin holdings totaled 150.2 at the end of December, worth about $15 million.

LM Funding expects to recognize a $4 million gain on the fair value of its mined Bitcoin holdings in Q4 2024, according to Chief Executive Bruce Rodgers.

Price: 2.11, Change: +0.01, Percent Change: +0.48

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump picks Andrew Ferguson to chair FTC
Trump picks Andrew Ferguson to chair FTC
Dec 10, 2024
* Ferguson eyes tackling online censorship of conservatives * FTC under Khan became a political flashpoint * Ferguson could shift course in FTC cases against Amazon ( AMZN ) and Meta (Adds that Trump nominated Mark Meador as FTC commissioner in paragraphs 4-6, context on Ferguson in paragraphs 7, 9, and 13 context on DOJ appointment in paragraph 17) By...
Party City mulling second bankruptcy filing, Bloomberg reports
Party City mulling second bankruptcy filing, Bloomberg reports
Dec 10, 2024
(Reuters) - Party City Holdco Inc is planning a second bankruptcy filing nearly two years after it filed for one in the U.S. as it runs out of cash to run operations, Bloomberg News reported on Tuesday. Woodcliff Lake, New Jersey-based Party City is behind on rent at some locations, the report said, citing people familiar with the matter. Party...
Yellen discusses South Korean political crisis with country's finance minister
Yellen discusses South Korean political crisis with country's finance minister
Dec 10, 2024
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen spoke to South Korean Finance Minister Choi Sang-mok on Tuesday and discussed South Korea's political turmoil following President Yoon Suk Yeol's attempt last week to impose martial law. Yellen expressed appreciation for the close communication between the Korean Ministry of Economy and Finance and the U.S. Treasury Department following recent events in...
Trump picks Andrew Ferguson to chair FTC
Trump picks Andrew Ferguson to chair FTC
Dec 10, 2024
NEW YORK (Reuters) -U.S. President-elect Donald Trump tapped Federal Trade Commissioner Andrew Ferguson to lead the consumer protection and antitrust agency, Trump said on social media on Tuesday. Ferguson, one of two Senate-confirmed Republican FTC commissioners appointed by President Joe Biden, will be the most America First, and pro-innovation FTC Chair in our Country's History, Trump said. Andrew has a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved