Bitcoin mining company LM Funding America spends $8 million to repurchase stocks and warrants
Foresight News reported that Nasdaq-listed Bitcoin mining company LM Funding America announced the repurchase of 3,308,575 shares of common stock and related warrants at a price of $2.41 per unit, with a total repurchase consideration of approximately $8 million. The funds for this repurchase were obtained from a loan financing provided by Galaxy Digital, using Bitcoin as collateral.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yunfeng Financial donates HK$10 million to support Hong Kong fire rescue efforts
Data: A trader opened a BTC long position worth $84.19 million on Hyperliquid
Trending news
MoreData: BTC options expiration of 143,000 contracts with a max pain point at $98,000; ETH options expiration of 572,000 contracts with a max pain point at $3,400.
Qian Fenglei, Chairman of Hengfeng International Group, donates HK$12 million to urgently support the fire rescue at Hong Fook Court in Tai Po.
Crypto prices
More
