Powercompute, Inc.
Tampa, Florida, United States · Blockchain, Finance, Financial Services
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) located in the state of Florida by funding a certain portion of the Associations' right
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Key facts
- Headquarters
- Tampa, Florida, United States
- Employees
- 9
- Industries
- Blockchain, Finance, Financial Services
- Status
- Public (PWCM)
- Website
- power-compute.com
- Company page
Recent activity at Powercompute, Inc.
- : SEC 8-K (1.01):
- : SEC 8-K (1.02): On September 30, 2026, US Digital Mining Mississippi LLC, a wholly owned subsidiary of PowerCompute, Inc., terminated its previous power contract with Columbus Light and Water (CLW) and entered into a new Industrial Power Contract to supply up to 11,000 kilowatts of firm power for its data center in Columbus, Mississippi. The new contract has an initial term ending on September 16, 2030, with a potential five-year renewal if agreed upon by both parties. The Subsidiary's share of capital costs for CLW's facilities is estimated at $0, and the pricing structure is subject to adjustments by the Tennessee Valley Authority. This termination is significant as it marks a strategic shift in energy procurement for the Company's operations, ensuring stable power supply for its critical data processing functions.
- : SEC 8-K (7.01): On September 30, 2026, PowerCompute, Inc. issued a press release regarding the full repayment and termination of its credit facility with Arch. This strategic decision reflects the company's move to strengthen its financial position by eliminating debt, which could enhance operational flexibility and future investment opportunities. The press release elaborates on the implications of this financial maneuver, indicating a proactive approach to capital management. A copy of the press release is included as Exhibit 99.1.
About Powercompute, Inc.: questions and answers
What does Powercompute, Inc. do?
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) located in the state of Florida by funding a certain portion of the Associations' right
Where is Powercompute, Inc. headquartered?
Powercompute, Inc. is headquartered in Tampa, Florida, United States.
How many employees does Powercompute, Inc. have?
Powercompute, Inc. has about 9 employees.
What is the latest news on Powercompute, Inc.?
On Nov 06, 2026, SEC 8-K (1.01):
Is Powercompute, Inc. a public company?
Yes. Powercompute, Inc. is publicly traded under the ticker PWCM.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy