Business
LM Funding America Announces March 2026 Production and Operational Update
Bitcoin treasury as of March 31, 2026 was 341.2 BTC valued at $22.9 million or $1.07 per share¹ TAMPA, Fla., April 13, 2026 (GLOBE NEWSWIRE) -- LM Funding
About this update from Lm Funding America, Inc.
[{"type":"text","content":"Bitcoin treasury as of March 31, 2026 was 341.2 BTC valued at $22.9 million or $1.07 per share¹\nTAMPA, Fla., April 13, 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 March 31, 2026. MetricFebruary 2026March 2026 - Bitcoin2 - Mined, net8.79.6- Sold18.123.1- Purchased--- Service Fee--- Bitcoin HODL354.73341.23- Machines2 - Oklahoma4,5864,586- Mississippi2,3682,368- Storage559559- Total Machines7,5137,513- Hashrate (EH/s2) - Oklahoma0.550.56- Mississippi0.230.23- Energized0.780.79 “March continued our improved mining performance as we produced 9.6 Bitcoin and reached our highest hashrate to date,” said Bruce Rodgers, Chairman and CEO of LM Funding. “We remain focused on converting that operational strength into Bitcoin accumulation while highlighting the significant disconnect between the value of our Bitcoin holdings and our current market valuation.” “The 300 Bitmain S19 XP miners deployed at our Oklahoma facility last month resulted in our highest total hashrate to date,\" said Ryan Duran, President of USDM. \"This expansion reflects our ongoing commitment to scaling our fleet and continuously improving mining output across all of our operations.” “We renegotiated our $11 million Galaxy Digital Loan by extending the maturity date until June 26, 2026,” said Richard Russell, Chief Financial Officer. “The flexibility offered by Galaxy Digital will enable us to take advantage of any upside in Bitcoin.” The Company estimates that the value of its 341.2 Bitcoin holdings on March 31, 2026, was approximately $22.9 million or $1.071 per share, based on a Bitcoin price of approximately $67,300 as of March 31, 2026, compared to a stock share price of $0.25 as March 31, 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 visit https://www.lmfunding.com. Forward-Looking StatementsThis press release may contain forward-looki...