LM Funding America to rename itself PowerCompute on July 22, 2026

Nasdaq-listed bitcoin miner plans to trade under ticker PWCM as it pushes further into HPC and AI infrastructure using 26 MW of owned power across Oklahoma and Mississippi.

BTC

Summary

Nasdaq-listed bitcoin miner LM Funding America said it will change its name to PowerCompute effective July 22, 2026, with its common stock expected to begin trading under the ticker PWCM at the market open that day. The rebrand is tied to the company’s strategy to broaden beyond bitcoin mining and build out HPC and AI infrastructure, using 26 megawatts of owned power across facilities in Oklahoma and Mississippi while continuing to hold Bitcoin on its balance sheet. The company has also said its CUSIP, a securities identifier, will remain unchanged.

Terms & Concepts
  • HPC: High-performance computing for intensive data processing.
  • AI infrastructure: Computing systems that support artificial intelligence workloads.
  • CUSIP: Identifier used to track securities in U.S. markets.