Foley Representa a LM Funding America num Aumento de Capital de $23M

Foley & Lardner LLP representou a LM Funding America, Inc. (LM Funding), uma empresa de tesouraria e mineração de Bitcoin, no seu aumento de capital de 23 milhões de dólares através de uma combinação de uma oferta direta registada de 12,6 milhões de dólares e uma colocação privada de 10,4 milhões de dólares.

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.