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LM Funding America Adds 35 PH/s with Energization of First Oklahoma Immersion Unit

  • LM Funding America successfully energized the first of two planned BC40 Elite immersion cooled Foghashing units at its Oklahoma site.
  • This initial unit powers 160 next-generation Bitmain S21 immersion miners, adding approximately 35 Petahash to the company's total energized hashrate.
  • The second BC40 Elite unit, supporting an additional 160 miners, is expected to be installed later this month subject to installation targets.
  • The company anticipates reaching approximately 780 PH/s of energized hashrate across its facilities by year-end 2025.
  • This projected hashrate represents a 75% increase compared to year-end 2024 levels.
  • As of November 30, 2025, the company held 301.8 Bitcoin valued at approximately $27.5 million based on a price of $91,100.
  • The Bitcoin holdings correspond to a value of approximately $2.25 per share based on 12,209,413 shares outstanding.