Summary
- Nasdaq-listed LM Funding America announced that it has acquired an additional 164 Bitcoins worth approximately $18.67 million.
- The average purchase price for this acquisition was $113,850 per BTC, with total holdings now at 311 BTC.
- The CEO of LM Funding America stated that accumulating Bitcoin aims to provide long-term value to shareholders.
Nasdaq-listed LM Funding America has acquired an additional 164 Bitcoins (BTC).
On the 25th (local time), LM Funding America announced on its website, "We have acquired an additional 164 BTC worth approximately $18.67 million," adding, "The average purchase price per 1 BTC is $113,850." The total amount of Bitcoin held is 311 BTC.
Bruce M. Rodgers, CEO of LM Funding America, stated, "Bitcoin is the strongest currency in existence," and added, "By accumulating Bitcoin, we aim to provide long-term value to our shareholders."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
