Business
LM Funding America Announces October 2025 Production and Operational Update
- Bitcoin treasury as of October 31, 2025 valued at $31.9 million or $2.70 per share1 TAMPA, Fla., Nov. 05, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc.
About this update from Lm Funding America, Inc.
[{"type":"text","content":"- Bitcoin treasury as of October 31, 2025 valued at $31.9 million or $2.70 per share1 TAMPA, Fla., Nov. 05, 2025 (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 October 31, 2025. MetricSeptember 2025October 2025- Bitcoin2 - Mined, net5.97.5- Sold(12.5)(17.0)- Purchased--- Service Fee(0.1)(0.1)- Bitcoin HODL304.5294.9- Machines2 - Oklahoma4,3204,320- Mississippi2,3302,376- Storage1,2801,234- Total Machines7,9307,930- Hashrate (EH/s2) - Oklahoma0.480.48- Mississippi0.220.23- Energized0.700.71 “October was our first full month with the Mississippi facility online, and we are pleased to report an estimated 27% increase in Bitcoin production,” said Bruce M. Rodgers, Chairman and CEO of LM Funding. “Alongside this operational progress, we are taking actions to enhance mNAV and increase Bitcoin per share, including the recently completed private securities repurchase and newly authorized share buyback program – reinforcing our belief in the company’s strategy.” “Operational performance improved in October,” said Ryan Duran, President of U.S. Digital Mining. “With our 7.5 MW Mississippi site running and optimized fleet deployment, we mined 7.5 Bitcoin for the month —a 27% increase month-over-month. We also secured 320 immersion-cooled S21 units which should generate an additional 68.8 PH for our 2 MW Oklahoma expansion that is expected to go online in December, positioning us for further improvement as additional infrastructure comes online and seasonal conditions support stronger output.” “We took strategic steps in October to optimize liquidity and support our treasury strategy,” said Richard Russell, Chief Financial Officer. “We sold more Bitcoin than usual to help fund the purchase of Bitmain S21 immersion-cooled machines and deployed $8 million of our $11 million Galaxy facility to complete the private repurchase of 3,308,575 shares or 24% of our then outstanding shares and 7,248,787 warrants. As a result, we have meaningful liquidity to support our authorized buyback program and operations, and this structure positions us to sell less Bitcoin in November and continue building our Bitcoin treasury.” “Our focus is to continue increasing production and...