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LM Funding reports June Bitcoin mining of 8.7 BTC and $18.6M Bitcoin treasury value.

Market News
08 Jul 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

LM Funding America announced it mined 8.7 Bitcoin in June 2026, slightly down due to higher temperatures affecting efficiency. The company holds 318.3 BTC valued at $18.6 million as of June 30, 2026, with the Bitcoin price rising to $64,000 by July 7, increasing the treasury value to $20.4 million. Despite operational challenges, LM Funding also earned about $30,000 in energy sales for June and expects $117,000 for Q2. The company is expanding into high-performance computing and AI infrastructure alongside its Bitcoin mining business.

More News

Vishay launches a compact automotive optocoupler with top-tier signal immunity and 707 V isolation voltage.

Vishay launches a compact automotive optocoupler with top-tier signal immunity and 707 V isolation voltage.

Vishay Intertechnology introduced the VOMHA43A, a high-speed automotive optocoupler in a narrow 3.6 mm SOP-5 package that saves PCB space while enhancing signal quality. It offers industry-leading common mode transient immunity of 40 kV/µS and a peak...

Others
Bullish
2 hours ago
Man Group discloses 1.68% stake in DCC plc under Irish Takeover Rules

Man Group discloses 1.68% stake in DCC plc under Irish Takeover Rules

Man Group PLC has filed a Form 8.3 disclosure revealing it holds a 1.68% interest in DCC plc, including ordinary shares and derivatives, as required by the Irish Takeover Panel Rules. This disclosure signals Man Group's notable stake in DCC plc, a ke...

Market News
Neutral
4 hours ago
Law firm investigates ClearOne merger fairness, recovers millions for shareholders.

Law firm investigates ClearOne merger fairness, recovers millions for shareholders.

Monteverde & Associates PC, a top-ranked class action law firm, is investigating ClearOne, Inc.'s merger with Cortigent, Inc. The merger would leave ClearOne shareholders with about 12.7% to 14.4% ownership in the combined company. The firm, known fo...

Market News
Bearish
4 hours ago
Monteverde & Associates investigates Element Solutions' $10 cash plus stock sale to Solstice, questioning deal fairness.

Monteverde & Associates investigates Element Solutions' $10 cash plus stock sale to Solstice, questioning deal fairness.

Monteverde & Associates PC, a top-ranked class action law firm, is investigating the proposed sale of Element Solutions, Inc. to Solstice Advanced Materials, Inc. Under the deal, Element Solutions shareholders would receive $10 in cash plus 0.5 share...

Company Fundamentals
Neutral
4 hours ago
Meta to start producing AI chips in September to cut GPU costs amid shortages

Meta to start producing AI chips in September to cut GPU costs amid shortages

Meta is set to begin manufacturing its latest AI-specific chips in September to reduce reliance on costly GPUs amid a global component shortage. The company is collaborating with Broadcom for chip design and TSMC for manufacturing, using modular chip...

Market News
Bullish
4 hours ago
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