LM Funding America publishes shareholder letter on strategic shift

Reuters2026/07/22 12:06

By:Reuters

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LM Funding America released a shareholder letter outlining a pivot to HPC and AI infrastructure alongside its Bitcoin mining operations.
Shares began trading under the new Nasdaq ticker PWCM as the company rebranded to PowerCompute.
Power infrastructure scaled to 26 MW in about 15 months; about 22 MW currently used for Bitcoin mining, with capacity addressable for HPC.
Talks underway with an Oklahoma power provider on a potential 10 MW to 50 MW capacity expansion.
Full HPC buildout at 26 MW estimated to support $20 million to $50 million in annual revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LM Funding America Inc. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

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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LM Funding America publishes shareholder letter on strategic shift

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