PowerCompute — October 2026 Earnings Summary

Financial Performance:

• Mined 9.0 Bitcoin in October 2026, representing a 20% year-over-year increase from 7.5 Bitcoin in October 2025 and an 11.1% month-over-month increase from 8.1 Bitcoin in September 2026.
• Active hashrate reached approximately 800 PH/s at October 31, 2026, up 11.4% from approximately 718 PH/s at September 30, 2026.
• Generated approximately $46,000 in revenue from energy sales in October 2026.
• Held 65.7 Bitcoin as of October 31, 2026, valued at approximately $5.1 million based on a Bitcoin price of $77,000, equating to approximately $2.00 per share.
• Sold 7.0 Bitcoin in October 2026; no Bitcoin was sold in September 2026.
• No debt repayment via Bitcoin occurred in October 2026, compared to 267.4 Bitcoin applied to debt repayment in September 2026.
• 2,535,061 shares of common stock were outstanding as of October 31, 2026.

Business Segments and Product Lines:

• Installed approximately 900 more efficient miners on existing 26 megawatts of power to drive the fleet refresh.
• Operates 26 megawatts of interconnected electrical infrastructure across Bitcoin data center facilities in Oklahoma and Mississippi.
• Operates a technology-enabled specialty finance business providing funding to nonprofit community associations primarily in Florida.
• Developing high-performance computing (HPC) and artificial intelligence (AI) infrastructure alongside Bitcoin mining operations.

Management Commentary and Tone:

• Chairman, CEO, and President Bruce M. Rodgers stated the company is increasing hashrate on the same power capacity, noting active hashrate rose 11.1% without adding a megawatt.
• Management confirmed the fleet refresh is being funded from Bitcoin and cash on hand rather than new debt.
• The strategic focus remains on replacing older machines to maximize Bitcoin output per kilowatt-hour where economics support it.

Other Key Points:

• Energy sales occurred during periods of economic curtailment in Oklahoma when the value of power sold to the grid exceeded the value of mining.
• The company is transitioning from its former name, LM Funding America, Inc.
• The company operates under Nasdaq ticker PWCM.