LM Funding America, Inc. Chairman and CEO to Appear on CNBC’s Crypto World Today at 3PM ET
LM Funding America (LMFA) announced that its Chairman and CEO, Bruce Rodgers, will appear on CNBC’s Crypto World today, December 6, at approximately 3:00 PM ET.
The company, which began Bitcoin mining operations in September 2022, also operates a finance business serving nonprofit community associations primarily in Florida, Washington, Colorado, and Illinois.
Investors are urged to consider risks including cryptocurrency market volatility and operational challenges in mining.
- Commenced Bitcoin mining operations in September 2022, contributing to potential revenue growth.
- Provides funding solutions to nonprofit community associations, expanding market reach.
- Ongoing risks associated with the cryptocurrency mining business, including market volatility.
- Dependence on the ability to finance operations and acquire new accounts at favorable prices.
TAMPA, FL, Dec. 06, 2022 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, announced today that the Company’s Chairman and CEO, Bruce Rodgers, will appear on CNBC’s national streaming show, Crypto World, today, December 6, at approximately 3:00 PM Eastern Time.
To view the interview, please visit: https://www.cnbc.com/cryptoworld/
About LM Funding America
LM Funding America, Inc., (Nasdaq: LMFA) together with its subsidiaries, is a cryptocurrency mining business that commenced Bitcoin mining operations in September 2022. The Company also operates a technology-based specialty finance company that provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois, by funding a certain portion of the Associations' rights to delinquent accounts that are selected by the Associations arising from unpaid Association assessments.
Forward-Looking Statements
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guaranties of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, uncertainty created by the COVID-19 pandemic, the risks of entering into and operating in the cryptocurrency mining business, the capacity of our bitcoin mining machines and our related ability to purchase power at reasonable prices, the ability to finance our planned cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, the need for capital, our ability to hire and retain new employees, changes in governmental regulations that affect our ability to collect sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.
Contact:
Crescendo Communications, LLC
Tel: (212) 671-1021
Email: LMFA@crescendo-ir.com
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