LM Funding America (NASDAQ: LMFA) details April Bitcoin output and $25.3M BTC treasury value
Rhea-AI Filing Summary
LM Funding America, Inc. reported a preliminary operational update for April 2026, highlighting steady Bitcoin mining activity and its growing Bitcoin treasury position.
The company mined 9.4 Bitcoin in April versus 9.6 in March, while selling 13.5 Bitcoin. Bitcoin holdings were 334.0 BTC as of April 30, 2026, supported by 7,508 mining machines across Oklahoma, Mississippi and storage sites, with an energized hashrate of 0.79 EH/s.
LM Funding estimates its 334.0 Bitcoin were worth about $25.3 million, or $1.18 per diluted share, using a Bitcoin price of approximately $75,800 on April 30, 2026, compared with a stock price of $0.24 at that date’s close. Management characterizes April as a continuation of March’s operational profile, entering warmer months positioned to pursue curtailment-related revenue opportunities at the Oklahoma site.
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Insights
LM Funding shows stable April Bitcoin production and a sizable Bitcoin-backed balance base.
LM Funding continues to operate as a Bitcoin-focused treasury and mining company, with April production of 9.4 BTC and total holdings of 334.0 BTC. An energized hashrate of 0.79 EH/s spread over 7,508 machines indicates a relatively stable operating footprint between March and April.
Using a Bitcoin price of about $75,800 on April 30, 2026, the company values its Bitcoin at roughly $25.3 million, or $1.18 per diluted share, versus a stock price of $0.24. This highlights how much perceived value rests on Bitcoin price levels and ongoing mining performance.
Key dependencies include Bitcoin market volatility, power pricing, and execution of strategies like capturing curtailment revenue at the Oklahoma site during warmer months. Future company filings may further quantify how these operational metrics translate into financial results and balance-sheet strength.
8-K Event Classification
Key Figures
Key Terms
Bitcoin treasury financial
hashrate technical
curtailment revenue financial
warrants financial
loan facility financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On May 11, 2026, the Company issued a press release providing Bitcoin production and mining update for the one month ended April 30, 2026. The information contained in the press release is incorporated herein by reference and furnished as Exhibit 99.1.
The information furnished in this Item 2.02, including Exhibit 99.1, is not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that Section. This information will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates it by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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99.1 |
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Press release issued May 11, 2026 |
104 |
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Forward-Looking Statements
This Current Report on Form 8-K may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainty. Words such as “anticipate,” “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. Such statements are based on the Company’s current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Investors are cautioned that there can be no assurance actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various risks and uncertainties. Investors should refer to the risks detailed from time to time in the reports the Company files with the SEC, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as well as other filings on Form 10-Q and periodic filings on Form 8-K, for additional factors that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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LM Funding America, Inc. |
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May 11, 2026 |
By: |
/s/ Richard Russell |
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Richard Russell, CFO |
LM Funding America Announces April 2026 Production and Operational Update
- Bitcoin treasury as of April 30, 2026 was 334.0 BTC valued at $25.3 million or $1.18 per share1
TAMPA, FL, May 11, 2026 — 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 April 30, 2026.
Metric |
March 2026 |
April 2026 |
- Bitcoin2 |
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- Mined, net |
9.6 |
9.4 |
- Sold |
26.2 |
13.5 |
- Purchased |
- |
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- Service Fee |
- |
- |
- Bitcoin HODL |
338.13 |
334.03 |
- Machines2 |
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- Oklahoma |
4,636 |
4,636 |
- Mississippi |
2,368 |
2,368 |
- Storage |
504 |
504 |
- Total Machines |
7,508 |
7,508 |
- Hashrate (EH/s2) |
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- Oklahoma |
0.56 |
0.56 |
- Mississippi |
0.23 |
0.23 |
- Energized |
0.79 |
0.79 |
"April marked a steady continuation of the operational profile we established in March, with production of 9.4 Bitcoin representing a slight sequential increase on a per-day basis," said Bruce Rodgers, Chairman and Chief Executive Officer of LM Funding. "We enter the seasonally warmer months with momentum and infrastructure positioned to capture the elevated curtailment revenue opportunities historically available to our Oklahoma site."
1Bitcoin treasury calculated using 334.0 Bitcoin held as of 04/30/26 and Bitcoin price of approximately $75,800 as of 04/30/26. Bitcoin per share calculated using 21,455,892 diluted shares outstanding as of 04/30/26 which includes 16,157,892 shares outstanding and 5,298,000 warrants with an exercise price of $0.001 per share as of 04/30/26.
2Unaudited
3Includes 174 BTC held by Galaxy for loan facility
The Company estimates that the value of its 334.0 Bitcoin holdings on April 30, 2026, was approximately $25.3 million or $1.18 per share, based on a Bitcoin price of approximately $75,800 as of April 30, 2026, compared to a stock share price of $0.24 as April 30, 2026 close.
About LM Funding America
LM 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 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 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, without limitation, the risks of operating in the cryptocurrency mining business, our limited operating history in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, the ability to finance our site acquisitions and cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collect 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
OG Advisory Group
Yujia Zhai
LMFundingIR@orangegroupadvisors.com