LM Funding America to host 500 bitcoin mining machines

Mar. 13, 2023 10:36 AM ETLM Funding America, Inc. (LMFA) StockBy: Manshi Mamtora, CFA
  • LM Funding America (NASDAQ:LMFAhas signed a new contract to host 500 of its bitcoin mining machines with Aspen Creek Digital aka Longbow HostCo.
  • All are expected to be electrified and mining by the end of March 2023.
  • SA warns that the stock is at a high risk of performing badly dur to decelerating momentum and inferior profitability when compared to other financials stocks.

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