LM Funding America Announces $1.5 Million Share Repurchase Program

Rhea-AI Summary

LM Funding America (NASDAQ: LMFA) announced a Board-authorized share repurchase program to buy up to $1.5 million of common stock, representing approximately 15% of shares outstanding after a private repurchase on October 30, 2025. The company reported ~11,833,973 shares outstanding as of October 31, 2025.

Repurchases may occur via open-market or private transactions, in compliance with Rule 10b-18, and are discretionary; the program does not obligate specific repurchases and may be suspended. The company reported 304.5 BTC held as of September 30, 2025, and estimated Bitcoin value of $2.83 per share (using ~$110,000/BTC as of Nov 1, 2025). Closing share price was $1.07 on Oct 31, 2025.

Positive

• Authorization covers up to $1.5M in repurchases
• Authorized amount represents ~15% of outstanding shares
• Bitcoin holdings 304.5 BTC implies ~$2.83 per share

Negative

• Repurchases are fully discretionary and not guaranteed
• Program may be suspended or discontinued at any time
• Authorized $1.5M equals only about $0.127 per share

Insights

Equity Analyst

Board authorizes up to $1.5 million buyback (~15% of shares); implied Bitcoin value per share exceeds market price.

The company authorized purchases of up to $1.5 million of common stock, representing roughly 15% of outstanding shares after the private repurchase and a post-transaction share count of 11,833,973 as of October 31, 2025. Repurchases may occur via open-market or negotiated transactions and are discretionary; the program imposes no obligation to buy shares and may be suspended at any time.

LM Funding discloses holdings of 304.5 BTC as of September 30, 2025 and uses a Bitcoin price of approximately $110,000 (as of November 1, 2025) to estimate Bitcoin value at about $2.83 per share, while the share closed at $1.07 on October 31, 2025. That spread implies the board views the buyback as a means to reduce dilution and align market capitalization with disclosed asset value.

Key dependencies and risks include the company’s discretion over timing and amount of repurchases, compliance with Rule 10b-18 and securities laws, and sensitivity of the per-share Bitcoin valuation to Bitcoin price moves; watch realizable buyback volume, actual shares retired, and updates to Bitcoin holdings or pricing over the next several quarters (Q1 2026 timeframe) for concrete impact on shares outstanding and per-share asset composition.

TAMPA, Fla., Nov. 03, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced that its Board of Directors has authorized a share repurchase program to buy up to $1.5 million of the Company’s outstanding common stock. The authorization represents approximately 15% of LM Funding’s currently outstanding shares following its recently announced private repurchase of shares and warrants on October 30, 2025. Following that transaction, LM Funding has approximately 11,833,973 shares outstanding as of October 31, 2025.

“We're long Bitcoin and have confidence in the long-term value of our equity, so we’re taking steps to reduce dilution and increase asset value per share over time,” said Bruce Rodgers, Chairman and CEO of LM Funding. “With the recent private securities repurchase completed, this buyback program gives us additional flexibility to act strategically when we believe our market capitalization does not reflect the value of our Bitcoin treasury, mining assets, and long-term strategy.”

Repurchases may be made from time to time through open-market transactions, privately negotiated purchases, or other means permitted under applicable regulations. The timing and amount of repurchases will be determined at the Company’s discretion based on market conditions, liquidity, and other factors. Repurchases may be conducted via open-market purchases, privately negotiated transactions, or other methods in compliance with Rule 10b-18 and applicable securities laws. The program does not obligate the Company to repurchase any specific number of shares and may be suspended or discontinued at any time.

Based on the Company’s Bitcoin holdings of 304.5 BTC as of September 30, 2025, and a Bitcoin price of approximately $110,000 as of November 1, 2025, LM Funding estimates its Bitcoin value to be approximately $2.83 per share¹. The Company’s share price closed at $1.07 on October 31, 2025.

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, the risks associated with growing our Bitcoin treasury operations and strategy, 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 per share calculated using Bitcoin holdings as of September 30, 2025 of 304.5 multiplied by Bitcoin price of $110,000 as of November 1, 2025 and divided by 11,833,973 shares outstanding as of October 31, 2025.

FAQ

What did LM Funding (NASDAQ: LMFA) authorize on November 3, 2025?

The Board authorized a $1.5 million share repurchase program to buy up to that amount of common stock.

How many shares does the LM Funding repurchase authorization represent?

The company said the authorization represents approximately 15% of outstanding shares after the Oct 30, 2025 private repurchase.

How does LM Funding's Bitcoin holding translate to value per share as of Nov 1, 2025?

Using 304.5 BTC and a Bitcoin price of ~$110,000, the company estimated about $2.83 per share of Bitcoin value.

Will LM Funding definitely buy back shares under the $1.5M program?

No — repurchases are discretionary, not guaranteed, and the program may be suspended or discontinued.

How may LM Funding conduct repurchases under the program?

Repurchases may be made via open-market transactions, privately negotiated purchases, or other permitted methods in compliance with Rule 10b-18.

What was LM Funding's share price at the close on October 31, 2025?

The company's share price closed at $1.07 on October 31, 2025.