Nasdaq-listed Bitcoin miner LM Funding America said on Tuesday that it has ordered its first NVIDIA GPU server hardware for deployment at its Oklahoma facility, a step that begins its push into high-performance computing and AI infrastructure.
The Tampa-based company said it is offering up to 10 megawatts of available capacity to AI co-location and power hosting customers. It said the move rests on 26 megawatts of power infrastructure that it wholly owns and operates across its Oklahoma and Mississippi sites, with average power costs of about $0.046 per kilowatt-hour.
LM Funding said it currently runs about 22 megawatts in active Bitcoin mining. The initial GPU system will be listed on a compute marketplace for early revenue and operational data, while mining continues alongside the new infrastructure.
The company said it would fund the early phase through mining operations and its Bitcoin treasury, which it valued at about $23.8 million as of May 31.
“Starting with our first AI GPU deployment at Oklahoma gives us the hands-on data to do this right,” said Ryan Duran, President of US Digital Mining and Hosting.
LM Funding built its 26-megawatt power footprint in roughly 15 months, acquiring the Oklahoma site in December 2024 and the Mississippi facility from Greenidge Generation in September 2025.
