Business
LM Funding America Announces June 2025 Production and Operational Update
- Bitcoin treasury as of June 30, 2025 valued at $16.7 million or $3.25 per share1 TAMPA, Fla., July 08, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc.
About this update from Lm Funding America, Inc.
[{"type":"text","content":"- Bitcoin treasury as of June 30, 2025 valued at $16.7 million or $3.25 per share1 TAMPA, Fla., July 08, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended June 30, 2025. MetricMay 2025June 2025 - Bitcoin2 - Mined, net6.35.5- Sold-(5.0)- Purchased--- Service Fee--- Bitcoin HODL155.0155.5- Machines2 - Operational4,3204,320- Storage1,2971,218- Total Machines5,6175,538- Hashrate (EH/s2) - Oklahoma0.480.48- Hosted--- Energized 0.480.48- Storage0.130.12- Total 0.610.60 Bruce Rodgers, Chairman and CEO of LM Funding, commented, “The reduction in Bitcoin mined in June is the result of our strategic curtailment approach during peak summer months. High temperatures in Oklahoma triggered financial incentives to curtail mining operations leading us to prioritize energy sales over Bitcoin production. Estimated curtailment and energy sales for June 2025 were approximately $55,000 or approximately $216,000 for the second quarter of 2025.” The Company estimates that the value of its 155.5 Bitcoin holdings on June 30, 2025, was approximately $16.7 million or $3.251 per share, based on a Bitcoin price of approximately $107,170 as of June 30, 2025, compared to a stock share price of $2.86 as of June 30, 2025. About LM Funding AmericaLM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com. Forward-Looking StatementsThis press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company's most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include...