According to its April unaudited operating report, Nasdaq-listed bitcoin miner LM Funding America (LMFA) sold 13.5 BTC during the month, reducing its bitcoin holdings to 334 as of April 30. The company mined 9.4 BTC in April and valued its total bitcoin reserves at approximately $25.3 million based on the month’s average price of around $75,800 per BTC. This translates to $1.18 in bitcoin assets per share, significantly higher than the stock’s $0.24 closing price.
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