Friday, October 15, 2021

LM Funding America Up 50% As Bitcoin Nears $60,000

Shares of technology-based specialty finance company LM Funding America, Inc. (LMFA) were up more than 50 percent in pre-market trade. LMFA had some time ago announced that it was entering the cryptocurrency mining business through a new subsidiary, US Digital Mining and Hosting Co., LLC. The rally is most likely attributed to the surge in prices of cryptocurrencies, especially Bitcoin.

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