星球日报
星球日报|7月 20, 2026 12:13
[Bitcoin Mining Company LM Funding America Renamed PowerCompute, Shifts Focus to AI Computing Infrastructure Business] Odaily Planet Daily News – Nasdaq-listed Bitcoin mining company LM Funding America announced that it will officially change its name to PowerCompute starting July 22, 2026, to align with its new strategic direction of transitioning into the AI computing infrastructure sector. Meanwhile, its common stock is expected to trade under the new ticker symbol 'PWCM' on the Nasdaq market starting at the opening on July 22, with its CUSIP number remaining unchanged. Shareholders are not required to take any action due to the name and ticker symbol change. The company plans to leverage its existing facility resources and low-cost electricity advantages to provide high-performance computing (HPC) and artificial intelligence (AI) infrastructure services to its clients. Currently, the company operates two facilities with a total of 26 megawatts (MW) of low-cost electricity resources and plans to further serve enterprise clients with AI computing needs. This renaming marks LM Funding America's further transformation from a traditional crypto mining company to a 'computing infrastructure provider,' betting on the growth of the AI data center and high-performance computing markets. (Globenewswire)
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads