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LM Funding reports bitcoin holdings valued at $15M as of December 31
Bruce Rodgers, Chairman and CEO of LM Funding ( LMFA ) remarked, “We are pleased with the continued progress and performance of our Bitcoin mining operations. As of December 31, 2024, we held 150.2 Bitcoin. In Q4 2024, we anticipate recognizing a Gain on Fair Value of Mined Bitcoin of approximately $4M on our Bitcoin holdings. This result further strengthens our confidence in our strategy and reinforces our belief in Bitcoin’s substantial growth potential as we enter 2025.”
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