Common Stock par value $0.001 per share
- Symbol
- PWCM
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 7.01, 9.01 · 8-K
PowerCompute, Inc.
PWCMNASDAQEQUITYCurrent
Results of Operations and Financial Condition · Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On September 30, 2026, the Company issued a press release relating to the Company’s full repayment and termination of the credit facility with Arch and related matters. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated by reference.
Company context
PowerCompute, Inc. (Nasdaq: PWCM), formerly LM Funding America, Inc., is an owner and operator of electrical infrastructure that converts electricity into Bitcoin and high-performance computing and artificial intelligence capacity. Founded in 2008 and headquartered in Tampa, Florida, the Company operates 26 megawatts of interconnected electrical infrastructure across Bitcoin data center facilities in Oklahoma and Mississippi.
Current securities
Registered securities in this filing
POWERCOMPUTE, INC. · 8-K · Filed 2026-09-30
Disclosure sections
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
On September 30, 2026, the Company issued a press release relating to the Company’s full repayment and termination of the credit facility with Arch and related matters. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated by reference.
Filed exhibits (1)
PowerCompute Repays Arch Bitcoin-Backed Facility, Releases All Bitcoin Collateral and Achieves Approximately 94% Reduction in Total Debt Mississippi Expansion and Oklahoma Fleet Upgrade Expected to Increase Active Mining Hash Rate 25% to Approximately 964 PH/s TAMPA, FL, September 30, 2026 - PowerCompute, Inc. (Nasdaq: PWCM) (“PowerCompute” or the “Company”), today announced that its wholly owned subsidiary, US Digital Mining and Hosting Co., LLC, has fully repaid and terminated its Bitcoin-backed credit facility with ChainFi, Inc. d/b/a Arch Lending, satisfying approximately $22.45 million of obligations and releasing all remaining Bitcoin collateral. No Bitcoin remains pledged. Transaction and Operating Highlights • Bitcoin-backed credit facility fully repaid and terminated. No Bitcoin remains pledged. • Total secured debt reduced from approximately $19.4 million at June 30, 2026 to approximately $1.25 million, a reduction of approximately 94%. Remaining secured borrowings consist of a single secured promissory note maturing December 31, 2026, none of which is secured by Bitcoin. • Approximately 39.6 Bitcoin, valued at approximately $3.3 million, returned to the Company. •…
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