LM Funding America completed a financing of approximately $23 million to increase its holdings of Bitcoin.

On August 20, LM Funding America, Inc. (NASDAQ: LMFA), focused on Bitcoin asset management and Mining, announced the completion of a $12.6 million registered issuance and a $10.4 million private sale, raising a total of approximately $23 million. The net proceeds from this issuance will primarily be used to purchase more Bitcoins for the company's asset management division.

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