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LM Funding America Purchases 164 Bitcoin, Increasing Treasury to 311 BTC
TAMPA, Fla., Aug. 25, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company,
About this update from Lm Funding America, Inc.
[{"type":"text","content":"TAMPA, Fla., Aug. 25, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced the purchase of 164 Bitcoin (“BTC”) at an average price of $113,850 per BTC, for an aggregate purchase amount of approximately $18.67 million. With this acquisition, LM Funding’s total Bitcoin holdings as of August 22, 2025 have increased to approximately 311 BTC. This purchase follows LM Funding’s recent $23 million financing, the majority of which was allocated to supporting treasury growth. The Company launched its Bitcoin treasury strategy in 2021 and added Bitcoin mining operations in 2022 and has accumulated Bitcoin through a combination of mining and direct purchases, creating a disciplined structure for long-term treasury growth. Bruce Rodgers, Chairman and CEO of LM Funding, commented, “Bitcoin stands apart as the hardest form of money ever created — perfectly scarce, finite, and increasingly recognized as a core asset class. With this latest purchase of 164 BTC, we are reinforcing our belief that Bitcoin is currently the best long-term store of value. As we continue to expand our mining capacity and strategically grow our treasury, LM Funding is positioning itself to benefit from Bitcoin’s unique economics and drive long-term value for our shareholders.” The Company estimates that the value of its 311 Bitcoin holdings was approximately $36.1 million or $2.381 per outstanding share, based on a Bitcoin price of approximately $116,000 as of August 22, 2025, compared to a closing share price of $1.37 as of August 22, 2025. About LM Funding AmericaLM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin treasury, mining and technology-based specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://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 uncer...