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According to ChainCatcher, Nasdaq-listed company LM Funding America, Inc. (stock symbol: LMFA) recently announced the completion of a financing round totaling approximately $23 million, including a $12.6 million registered offering and a $10.4 million private placement. The company stated that the net proceeds from this offering will primarily be used to expand its Bitcoin asset reserves. As a financial services firm focused on Bitcoin asset management and mining operations, LM Funding launched its Bitcoin treasury strategy in 2021 and expanded its mining business in 2022. To date, the company has accumulated a total of 150 Bitcoins and possesses 26 megawatts of proprietary mining capacity. Recently, LM Funding also announced plans to acquire an 11-megawatt mining facility in Columbus, Mississippi from Greenidge Generation, further expanding its low-cost mining capabilities.

Bitget launches the 5th Spot Trading Club Competition, with a total prize pool of 80,000 BGB. This event features two sub-pools, including: - Points Challenge Prize Pool: For every specified tier of daily accumulated purchase amount reached, users earn 1 point. Points can be accumulated across multiple tiers, and there is no daily cap on points earned. Users who meet the winning criteria will have the chance to unlock an airdrop reward of 30,900 BGB. This prize pool covers spot trading, excluding stablecoins and zero-fee trading pairs. - Leaderboard Competition Prize Pool: Users who rank in cumulative purchase amounts can unlock corresponding rewards, with a maximum of 800 BGB per person and a total prize pool of 49,100 BGB. This prize pool is limited to spot trading of selected tokens (BTC/ETH/BGB/XRP/SOL). This event is open only to active users on the platform. Detailed rules have been published on the official Bitget platform. Eligible users can click the "Join Now" button to register and participate. The event runs from August 21, 00:00 to August 26, 23:59 (UTC+8).