Foley représente LM Funding America dans une levée de fonds de 23 millions de dollars

Foley & Lardner LLP a représenté LM Funding America, Inc. (LM Funding), une société de trésorerie et d'exploitation minière de Bitcoin, dans le cadre de sa levée de fonds de 23 millions de dollars par le biais d'une offre directe enregistrée de 12,6 millions de dollars et d'un placement privé de 10,4 millions de dollars.

The net proceeds from the offerings will be used primarily to purchase additional Bitcoin for LM Funding’s treasury. The company also recently announced the planned acquisition of an 11-megawatt mining site in Columbus, Mississippi, funded directly from its balance sheet.

LM Funding launched its Bitcoin treasury strategy in 2021 and added mining operations in 2022. The company has since accumulated 150 Bitcoin and developed a path to 26 megawatts of owned mining capacity.

The Foley team representing LM Funding was led by partners Curt Creely and John Wolfel.