ChainCatcher reports that according to market sources, Nasdaq-listed Bitcoin mining company LM Funding America has released an unreviewed Bitcoin mining and operations report, revealing that in February, the company mined 8.7 BTC, the highest monthly output to date. However, during the same period, it sold 18.1 BTC, reducing its total holdings to 354.7 BTC (worth approximately $23.8 million). Additionally, the company disclosed that it has renegotiated and extended the maturity date of a $11 million loan from Galaxy Digital to April 24, 2026.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin meltdown to $10,000 remains likely unless prices reclaim $75,000, analyst says
A familiar voice is back with a familiar, and controversial, call on bitcoin BTC$66,860.50.
Mike McGlone, senior commodity strategist for Bloomberg Intelligence, is reiterating that bitcoin could crash to $10,000.
But this time, he's framed it with a very clear line in the sand: $75,000.
If bitco
CoinDesk1h ago
Capital Flows From Gold Back to Bitcoin As Digital Haven Matures
Bitcoin has consistently been considered as a centerpiece for crypto-economic theory and its representation as “Digital Gold”. Recent data from Fidelity clearly demonstrates that Bitcoin’s role as a measurable indicator of market performance is firmly established as a reality, not just a
BlockChainReporter2h ago
Bitcoin's $1.3 trillion security race: Key initiatives aimed at quantum-proofing the world's largest blockchain
Quantum computers capable of breaking the Bitcoin blockchain do not exist today. Developers, however, are already considering a wave of upgrades to build defenses against the potential threat, and rightfully so, as the threat is no longer hypothetical.
This week, Google published research
CoinDesk2h ago
