According to Mars Finance news, on August 20, LM Funding America, Inc. (Nasdaq stock code: LMFA), focused on Bitcoin asset management and mining, announced the completion of a $12.6 million registered offering and a $10.4 million private placement, raising approximately $23 million in total. The net proceeds from this offering will primarily be used to purchase more Bitcoin for the company's asset management division.
LM Funding America completes approximately $23 million financing to increase Bitcoin holdings
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