LM Funding America Announces January 2025 Production and Operational Update

Rhea-AI Summary

LM Funding America (NASDAQ: LMFA) has released its January 2025 operational update, highlighting significant achievements in Bitcoin mining operations. The company's Oklahoma mining site is now fully operational, contributing to a total energized hashrate of 0.56 EH/s. During January 2025, LMFA mined 8.0 Bitcoin and increased its Bitcoin holdings to 158.2, valued at approximately $16.1 million based on a Bitcoin price of $102,000 as of January 31, 2025.

The company's operational metrics show an increase in operational machines from 3,681 to 5,121, while machines in storage decreased from 2,159 to 719. LMFA maintains its strategy of disciplined capital allocation and is actively pursuing additional power assets in the 5 to 20 MW range for continued growth.

Positive

• Increased Bitcoin mining production from 7.0 to 8.0 BTC month-over-month
• Expanded operational machines from 3,681 to 5,121
• Achieved target of 0.56 EH/s active hashrate
• Bitcoin holdings valued at $16.1 million
• Oklahoma site fully operational at 0.43 EH/s

Negative

• None.

Insights

Bitcoin Mining Analyst

LM Funding's January operational update reveals a strategic execution milestone with several key developments worth noting:

The increase in operational hashrate to 0.56 EH/s represents a 33.3% growth in active mining capacity from December, primarily driven by the Oklahoma site's full energization. This expansion, coupled with the reduction in stored machines from 2,159 to 719, indicates improved operational efficiency and asset utilization.

The company's HODL strategy is particularly noteworthy - with 158.2 BTC accumulated and valued at $16.1 million, they're building a significant treasury position. This approach provides both operational flexibility and potential appreciation upside, though it does increase exposure to Bitcoin price volatility.

Their focus on acquiring smaller power assets (5-20 MW) represents an intelligent market positioning strategy. By targeting facilities below large operators' thresholds, LMFA can potentially secure more favorable deals with less competition, enhancing their ability to scale efficiently. The emphasis on low overhead costs and disciplined capital allocation suggests a sustainable growth trajectory, particularly important given their relatively modest market capitalization.

The month-over-month increase in Bitcoin production from 7.0 to 8.0 BTC demonstrates improving operational efficiency, with a 14.3% growth in monthly output. This efficiency gain, combined with their strategic infrastructure approach, positions them well for continued growth in the competitive Bitcoin mining landscape.

       - 15 MW Oklahoma Mining Site Fully Operational

- Bitcoin HODL valued at $16.1 million as of January 31, 2025

TAMPA, Fla., Feb. 11, 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 January 31, 2025.

Metric	Dec 2024		Jan 2025
- Bitcoin1
- Mined, net	7.0		8.0
- Sold	(4.0)		-
- Purchased	5.0		-
- Service Fee	-		-
- Bitcoin HODL	150.2		158.2
- Machines1
- Operational	3,681		5,121
- Storage	2,159		719
- Total Machines	5,840		5,840
- Hashrate (EH/s1)
- Oklahoma	0.29		0.43
- Hosted	0.13		0.13
- Energized	0.42		0.56
- Storage	0.21		0.07
- Total	0.63		0.63

“The energization of our Oklahoma site and reaching our target of 0.56 active EH/s marks a significant achievement for LM Funding," stated Bruce Rodgers, Chairman and CEO of LM Funding. "Even though we are still a small player in this industry, our disciplined capital allocation, low overhead costs, and strong balance sheet affords us the opportunity to acquire more low-cost energy sites like our Oklahoma site and strategic M&A, while steadily building our Bitcoin holdings. Looking forward, we are pursuing green field and brown field power assets in the 5 to 20 MW range — which don’t meet large operators acquisition thresholds — to continue our growth."

The Company estimates that the value of its 158.2 Bitcoin holdings on January 31, 2025, was approximately $16.1 million, based on a Bitcoin price of approximately $102,000 as of January 31, 2025.

About LM Funding America
LM 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 Statements
This 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 guaranties 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, without limitation, uncertainty created by the risks of operating in the cryptocurrency mining business, uncertainty in the cryptocurrency mining business in general, problems with hosting vendors in the mining business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, the ability to finance and grow our cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, the potential need for additional capital in the future, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

For investor and media inquiries, please contact: 

Investor Relations 
Orange Group 
Yujia Zhai 
LMFundingIR@orangegroupadvisors.com 

¹ Unaudited

FAQ

How many Bitcoin did LMFA mine in January 2025?

LMFA mined 8.0 Bitcoin in January 2025, an increase from 7.0 Bitcoin in December 2024.

What is the current value of LMFA's Bitcoin holdings as of January 31, 2025?

LMFA's Bitcoin holdings of 158.2 BTC were valued at approximately $16.1 million, based on a Bitcoin price of $102,000 as of January 31, 2025.

What is LMFA's total operational hashrate as of January 2025?

LMFA's total energized hashrate is 0.56 EH/s, with 0.43 EH/s from Oklahoma and 0.13 EH/s from hosted operations.

How many mining machines does LMFA have operational in January 2025?

LMFA has 5,121 operational machines as of January 2025, with an additional 719 machines in storage, totaling 5,840 machines.

What are LMFA's expansion plans for future mining operations?

LMFA is pursuing green field and brown field power assets in the 5 to 20 MW range that don't meet large operators' acquisition thresholds.