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Bitcoin mining company LM Funding America spends $8 million to repurchase stocks and warrants

Bitcoin mining company LM Funding America spends $8 million to repurchase stocks and warrants

ForesightNewsForesightNews2025/10/30 19:53
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Foresight News reported that Nasdaq-listed Bitcoin mining company LM Funding America announced the repurchase of 3,308,575 shares of common stock and related warrants at a price of $2.41 per unit, with a total repurchase consideration of approximately $8 million. The funds for this repurchase were obtained from a loan financing provided by Galaxy Digital, using Bitcoin as collateral.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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