LM Funding America Adds 35 PH/s with Energization of First Oklahoma Immersion Unit
Rhea-AI Summary
LM Funding America (NASDAQ: LMFA) energized its first BC40 Elite immersion-cooled Foghashing unit in Oklahoma, powering 160 Bitmain S21 immersion miners and adding ~35 PH/s to energized hashrate.
The company plans a second BC40 Elite unit later this month, subject to installation targets, and expects to reach ~780 PH/s energized by year-end — an estimated ~75% increase vs. year-end 2024. LM Funding also estimated its 301.8 Bitcoin holdings were worth ~$27.5 million (≈$2.251/share) based on a Bitcoin price of ~$91,100 as of Nov 30, 2025.
Positive
- Added ~35 PH/s energized hashrate
- Company expects ~780 PH/s energized by year-end
- ~75% energized hashrate increase vs. year-end 2024
- 301.8 BTC holdings valued at ~$27.5M (Nov 30, 2025)
Negative
- Second BC40 Elite unit installation subject to installation targets
- Bitcoin valuation based on Nov 30, 2025 price (price volatility)
News Market Reaction – LMFA
In the Dec 18 session, LMFA declined 2.52%, reflecting a moderate negative market reaction. Argus tracked a trough of -27.1% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. Trading volume was elevated at 2.5x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Dec 04 | Operational update | Positive | -0.2% | November BTC production, hashrate status, and Oklahoma immersion expansion timing. |
| Nov 14 | Earnings release | Neutral | -13.1% | Q3 2025 revenue growth, higher mining margin, but continued net loss. |
| Nov 06 | Earnings call notice | Neutral | -5.4% | Scheduling of Q3 2025 earnings conference call and materials release. |
| Nov 05 | Operational update | Positive | +18.3% | October BTC production growth, treasury update, buyback and Oklahoma expansion. |
| Nov 03 | Buyback program | Positive | -6.5% | Announcement of up to $1.5M share repurchase authorization representing ~15% of shares. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent history shows frequent negative or muted price reactions to operational updates, earnings and even buyback announcements, with only one clear positive alignment on an operational expansion update.
Over the last few months, LM Funding has focused on scaling Bitcoin mining and capital actions. Operational updates in October and November 2025 highlighted hashrate at 0.71 EH/s, treasury levels around 295–305 BTC, and Oklahoma immersion expansion plans. Q3 2025 results on November 14 reported revenue of $2.18M and a $3.7M net loss, alongside Mississippi site expansion. The company also executed an $8.0M private repurchase and a $1.5M buyback program. Today’s energization of the first Oklahoma immersion unit and targeted 780 PH/s by year‑end continues this scaling trajectory.
Key Terms
immersion cooled technical
petahash technical
hashrate technical
bitcoin financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
TAMPA, Fla., Dec. 18, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced that the first BC40 Elite immersion cooled Foghashing unit at its Oklahoma site has been successfully energized. This first of two planned BC40 Elite units is powering 160 next-generation Bitmain S21 immersion miners, adding approximately 35 Petahash (“PH/s”) to the Company’s total energized hashrate.
“We are excited to achieve this initial milestone in our Oklahoma expansion,” said Ryan Duran, President of U.S. Digital Mining. “We expect the second BC40 Elite Foghashing unit - supporting an additional 160 Bitmain S21 Immersion miners - to be installed later this month, subject to certain installation targets.”
“With this expansion, we anticipate reaching approximately 780 PH/s of energized hashrate across our facilities by year-end, representing an increase of approximately
The Company estimates that the value of its 301.8 Bitcoin holdings on November 30, 2025, was approximately
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
Orange Group
Yujia Zhai
LMFundingIR@orangegroupadvisors.com
1 Bitcoin treasury calculated using 301.8 Bitcoin held as of 11/30/2025 and Bitcoin price of approximately
