Business
LM Funding America Announces February 2026 Production and Operational Update
- Bitcoin treasury as of February 28, 2026 was 354.7 BTC valued at $23.8 million or $1.11 per share1 TAMPA, Fla., March 04, 2026 (GLOBE NEWSWIRE) -- LM
About this update from Lm Funding America, Inc.
[{"type":"text","content":"- Bitcoin treasury as of February 28, 2026 was 354.7 BTC valued at $23.8 million or $1.11 per share1 TAMPA, Fla., March 04, 2026 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended February 28, 2026. MetricJanuary 2026February 2026 - Bitcoin2 - Mined, net7.88.7- Sold-18.1- Purchased--- Service Fee--- Bitcoin HODL364.13354.73- Machines2 - Oklahoma4,6084,586- Mississippi2,3782,368- Storage365559- Total Machines7,3517,513- Hashrate (EH/s2) - Oklahoma0.540.55- Mississippi0.230.23- Energized0.770.78 “February was our highest production month since launching our mining operations, supported by strong uptime and consistent performance across our facilities,” said Bruce Rodgers, Chairman and CEO of LM Funding. “We remain focused on expanding our mining infrastructure and increasing our Bitcoin holdings, continuing to rely on Bitcoin’s long-term appreciation and its role as the foundation of our intrinsic value.” “During late February, we deployed approximately 300 Bitmain S21 XP miners at our Oklahoma facility, replacing older machines and reallocating higher-terahash units to Mississippi,” said Ryan Duran, President of USDM. “This fleet upgrade improved overall efficiency, strengthened uptime, and increased our total hashrate - supporting our highest monthly Bitcoin production to date.” “We also renegotiated our $11 million Galaxy Digital Loan by extending the maturity date until April 24, 2026,” said Richard Russell, Chief Financial Officer. “This extension provides us with flexibility in settling the loan.” The Company estimates that the value of its 354.7 Bitcoin holdings on February 28, 2026, was approximately $23.8 million or $1.111 per share, based on a Bitcoin price of approximately $67,000 as of February 28, 2026, compared to a stock share price of $0.40 as March 2, 2026 close. About LM Funding AmericaLM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin treasury and mining company. The Company was founded in 2008 and is based in Tampa, Florida. The Company also operates a technology-enabled specialty finance business that provides funding to nonprofit community associations primarily in the State of Florida. For more information, please vis...