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
News Market Reaction
On the day this news was published, LMFA declined 8.09%, reflecting a notable negative market reaction. Argus tracked a peak move of +11.0% during that session. Argus tracked a trough of -3.4% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $535K from the company's valuation, bringing the market cap to $6M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
LMFA fell 5.51% while peers showed mixed moves: PT +16.19%, SNTG +0.46%, DXF -20.44%, FOA +0.85%, PMTS -1.86%. The mixed peer direction points to company-specific trading.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 07 | Production update | Positive | -3.5% | Record December BTC mined, treasury growth, and hashrate increase to 0.75 EH/s. |
| Dec 19 | Registered offering | Negative | -16.7% | Registered direct equity and pre-funded warrant offering raising $6.5M gross. |
| Dec 18 | Hashrate expansion | Positive | -2.5% | First Oklahoma immersion unit energized, adding ~35 PH/s and outlining hashrate goals. |
| Dec 04 | Production update | Positive | -0.2% | November BTC production, treasury valuation, and curtailment revenues with steady hashrate. |
| Nov 14 | Earnings release | Neutral | -13.1% | Q3 2025 financials, revenue growth, BTC holdings, site acquisition, and net loss disclosure. |
Recent LMFA news, including operational updates, hash rate expansions, and financings, has often been followed by negative next-day price reactions despite generally constructive operational disclosures.
Over the last few months, LM Funding America has emphasized Bitcoin mining growth, treasury expansion, and balance sheet transactions. Updates on November and December 2025 production highlighted higher BTC holdings and energized hashrate, while the Oklahoma immersion expansion added incremental 35 PH/s steps toward roughly 0.75–0.78 EH/s. Capital actions included an August 2025 raise, an October share and warrant repurchase of about $8M, and a December 2025 registered direct offering. Despite these milestones, each news event in this window saw a negative 24-hour price reaction.
Regulatory & Risk Context
An amended Form S-3/A shelf dated 2025-10-10 registers shares for resale by selling stockholders. The company will not receive proceeds from these resales, though the shelf structure enables holders to sell into the market over time.
Market Pulse Summary
The stock moved -8.1% in the session following this news. A negative reaction despite operational growth fits a pattern where LMFA’s expansion and production updates preceded selling, as seen after several late‑2025 announcements. The energization of a second Oklahoma immersion unit added 35 PH/s and supported an estimated 785 PH/s hashrate, while BTC holdings were valued near $34.4M. Still, regulatory pressure from Nasdaq bid-price noncompliance and prior dilutive financings may have weighed on sentiment.
Key Terms
immersion cooled technical
Petahash technical
hashrate technical
Bitcoin treasury financial
AI-generated analysis. Not financial advice.
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
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
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1 Bitcoin treasury calculated using 356.3 Bitcoin held as of 12/31/25 and Bitcoin price of approximately
FAQ
What did LM Funding America (LMFA) announce on January 20, 2026 about its Oklahoma mining site?
How much total hashrate does LMFA report after the new immersion unit went live?
How many bitcoins did LM Funding report holding and what was their estimated value?
What powered capacity does LMFA report after the energization of the second unit?
How does LM Funding’s per-share Bitcoin value compare to its share price (Jan 14, 2026)?
What miner model and cooling technology did LMFA deploy in the new unit?
