LM Funding America Adds Additional 35 PH/s with Energization of Second Oklahoma Immersion Unit

Rhea-AI Summary

LM Funding America (NASDAQ: LMFA) energized a second BC40 Elite immersion-cooled Foghashing unit at its Oklahoma site, deploying 160 Bitmain S21 immersion miners to add ~35 PH/s, raising the company’s energized hashrate to an estimated 785 PH/s across ~24 MW of powered capacity.

The company reported holding 356.3 BTC valued at approximately $34.4 million (≈$1.60 per share) based on a Bitcoin price of ~$96,500 as of Jan 14, 2026, versus a common share price of $0.47 on Jan 14, 2026.

Positive

• Added approximately 35 PH/s via second immersion unit
• Total energized hashrate at an estimated 785 PH/s
• Operating capacity of about 24 MW across mining operations
• Reported 356.3 BTC holdings valued at $34.4M (Dec 31, 2025 estimate)

Negative

• Per-share BTC value of $1.60 notably exceeds common share price of $0.47 (Jan 14, 2026)
• Reported BTC valuation depends on $96,500 Bitcoin price as of Jan 14, 2026

Argus Jan 20 session

-8.09% close to close Open Argus

Details

News Market Reaction – LMFA

On Jan 20, the day this news came out, LMFA closed 8.09% below the previous close.

Data tracked by StockTitan Argus for the Jan 20 session.

Key Figures

Current share price: $0.444 Additional hashrate: 35 PH/s New miners: 160 Bitmain S21 +5 more

Current share price

$0.444

Pre-news price vs Jan 14, 2026 reference of $0.47

Additional hashrate

35 PH/s

Second Oklahoma BC40 Elite immersion unit

New miners

160 Bitmain S21

Immersion miners energized in second Oklahoma unit

Total energized hashrate

785 PH/s

Company-wide estimated energized hashrate after second unit

Powered capacity

24 MW

Approximate powered capacity across mining operations

Bitcoin holdings

356.3 BTC

Estimated holdings as of December 31, 2025

BTC treasury value

$34.4 million

Estimated value of 356.3 BTC using ~$96,500/BTC on Jan 14, 2026

Per-share BTC value

$1.60 per share

Company’s estimate based on BTC holdings and price on Jan 14, 2026

Historical Context

5 past events · Latest: Jan 07

5 events

1. Jan 07

   Production update

   24h Move

   -3.5%

   Record December BTC mined, treasury growth, and hashrate increase to 0.75 EH/s.

2. Dec 19

   Registered offering

   24h Move

   -16.7%

   Registered direct equity and pre-funded warrant offering raising $6.5M gross.

3. Dec 18

   Hashrate expansion

   24h Move

   -2.5%

   First Oklahoma immersion unit energized, adding ~35 PH/s and outlining hashrate goals.

4. Dec 04

   Production update

   24h Move

   -0.2%

   November BTC production, treasury valuation, and curtailment revenues with steady hashrate.

5. Nov 14

   Earnings release

   24h Move

   -13.1%

   Q3 2025 financials, revenue growth, BTC holdings, site acquisition, and net loss disclosure.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

immersion cooled, Petahash, hashrate, Bitcoin treasury

4 terms

immersion cooled technical

"energized the second BC40 Elite immersion cooled Foghashing unit at its Oklahoma site"

Immersion cooled describes a method where electronic equipment is placed directly into a non-conductive liquid so heat is carried away by the fluid instead of air. For investors, this matters because it can cut energy and cooling costs, allow more computing power in less space, and extend hardware life—similar to putting a hot engine in water to cool it faster than blowing air over it.

Petahash technical

"adds approximately 35 Petahash (“PH/s”), bringing the Company’s total energized hashrate"

A petahash is a unit of computer processing power equal to one quadrillion (1,000,000,000,000,000) cryptographic calculations per second, used to measure how fast a cryptocurrency mining operation can try to solve blocks. For investors, higher petahash totals mean greater chances of earning mining rewards, influence on network security and competition, and correspondingly larger capital, energy and cost implications—similar to how buying more lottery tickets increases your chance of winning but also raises expenses.

hashrate technical

"bringing the Company’s total energized hashrate to an estimated 785 PH/s"

Hashrate is a measure of how quickly a computer network can process and verify transactions, often expressed as the number of calculations it can perform in a second. Think of it like the engine power of a car; the higher the hashrate, the more work the network can do in a given time. For investors, a higher hashrate generally indicates a more secure and robust network, which can influence confidence and the value of related digital assets.

Bitcoin treasury financial

"LM Funding America, Inc. ..., a Bitcoin treasury and mining company, today announced"

A bitcoin treasury is a collection of bitcoin holdings owned by a company or organization, similar to how a savings account stores money. It represents a strategic reserve of digital currency that can be used for investments, operational costs, or future growth. For investors, a bitcoin treasury can signal financial strength or a company's confidence in cryptocurrencies as part of its long-term plans.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TAMPA, Fla., Jan. 20, 2026 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced that it has successfully energized the second BC40 Elite immersion cooled Foghashing unit at its Oklahoma site. This unit, powering an additional 160 next-generation Bitmain S21 immersion miners, adds approximately 35 Petahash (“PH/s”), bringing the Company’s total energized hashrate to an estimated 785 PH/s.

“We are now operating at our highest energized and most efficient levels to date, with approximately 785 PH/s of hashrate across about 24 MW of powered capacity,” said Bruce M. Rodgers, Chairman and CEO of LM Funding. “This reflects disciplined execution, conviction in Bitcoin’s long-term value, and our focus on cost-efficient growth across our mining operations.”

The Company estimates that the value of its 356.3 Bitcoin holdings on December 31, 2025, was approximately $34.4 million¹ or $1.60 per share¹, based on a Bitcoin price of approximately $96,500 as of January 14, 2026 – compared to a common share price of $0.47 on January 14, 2026.

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 356.3 Bitcoin held as of 12/31/25 and Bitcoin price of approximately $96,500 as of 1/14/26. Bitcoin per share calculated using 21,455,892 diluted shares outstanding as of 12/31/2025 which includes 14,123,497 shares outstanding and 7,332,396 warrants with an exercise price of $0.001 per share as of December 31, 2025.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did LM Funding America (LMFA) announce on January 20, 2026 about its Oklahoma mining site?

LM Funding energized a second BC40 Elite immersion unit at the Oklahoma site, adding ~35 PH/s from 160 Bitmain S21 miners.

How much total hashrate does LMFA report after the new immersion unit went live?

The company reports an estimated total energized hashrate of 785 PH/s.

How many bitcoins did LM Funding report holding and what was their estimated value?

LM Funding reported 356.3 BTC valued at approximately $34.4 million as of Dec 31, 2025 (valuation based on BTC price on Jan 14, 2026).

What powered capacity does LMFA report after the energization of the second unit?

The company reported about 24 MW of powered capacity supporting its mining operations.

How does LM Funding’s per-share Bitcoin value compare to its share price (Jan 14, 2026)?

The company estimated BTC value at about $1.60 per share, compared with a common share price of $0.47 on Jan 14, 2026.

What miner model and cooling technology did LMFA deploy in the new unit?

The energization used 160 next-generation Bitmain S21 miners in a BC40 Elite immersion-cooled Foghashing unit.