LM Funding America Rebrands to PowerCompute, Pivoting from Bitcoin Mining to AI Infrastructure
2026-07-20 20:12

Woofun AI reports that Nasdaq-listed Bitcoin mining firm LM Funding America will officially rebrand as PowerCompute effective July 22, 2026. The company’s common stock will trade under the new ticker "PWCM" starting that date, with the CUSIP number remaining unchanged and no action required from shareholders.

The entity plans to utilize its existing facilities and low-cost electricity advantages to provide high-performance computing (HPC) and artificial intelligence infrastructure services. Currently operating two facilities with a combined 26 megawatts of power, the company aims to serve enterprise clients with AI computing demands, marking a strategic shift from traditional crypto mining to computing infrastructure provision.

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