LM Funding America Announces December 2025 Production and Operational Update

Rhea-AI Summary

LM Funding America (NASDAQ: LMFA) reported preliminary, unaudited December 2025 operating results and treasury updates. In December the company mined a record 7.5 Bitcoin and raised approximately $6.1 million in equity. The company used proceeds to purchase 47 Bitcoin at an average price of ~$87,400, increasing holdings to 356.3 BTC. The firm estimated its Bitcoin treasury value at $31.4 million or $1.461 per share based on a BTC price of ~$88,050 as of December 31, 2025; the company noted a stock price of $0.44 on that date. Energized hashrate rose to 0.75 EH/s, and December curtailment and energy revenues were ~$63,000, bringing estimated full-year curtailment revenues to ~$1.2 million.

Positive

• Monthly Bitcoin mined: 7.5 BTC (company record for December 2025)
• Equity raised: $6.1 million to strengthen balance sheet
• Bitcoin purchased: 47 BTC at average price ~$87,400
• Bitcoin holdings: 356.3 BTC valued at ~$31.4 million as of 12/31/2025

Negative

• Public share price $0.44 vs BTC-treasury NAV $1.461 per share as of 12/31/2025
• Total machines decreased to 7,471 from 7,930 in November 2025

News Market Reaction

-3.51%

12 alerts

-3.51% News Effect

-9.1% Trough in 30 hr 22 min

-$268K Valuation Impact

$7M Market Cap

0.8x Rel. Volume

On the day this news was published, LMFA declined 3.51%, reflecting a moderate negative market reaction. Argus tracked a trough of -9.1% from its starting point during tracking. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $268K from the company's valuation, bringing the market cap to $7M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Bitcoin treasury value: $31.4 million Bitcoin holdings: 356.3 Bitcoin BTC mined in December: 7.5 Bitcoin +5 more

8 metrics

Bitcoin treasury value $31.4 million Value of Bitcoin holdings as of Dec 31, 2025

Bitcoin holdings 356.3 Bitcoin Bitcoin HODL as of Dec 31, 2025

BTC mined in December 7.5 Bitcoin Net Bitcoin mined in December 2025, company record

Equity raised $6.1 million Approximate equity capital raised in December 2025

Bitcoin purchased 47 Bitcoin BTC bought in December at average price mentioned

Average BTC purchase price $87,400 Approximate average price paid per Bitcoin for December purchases

Curtailment & energy revenue $63,000 Approximate curtailment and energy revenues for December 2025

Full-year curtailment revenue $1.2 million Estimated full-year 2025 curtailment and energy revenues

Market Reality Check

Price: $0.3000 Vol: Volume 282,415 is at 0.58...

low vol

$0.3000 Last Close

Volume Volume 282,415 is at 0.58x the 20-day average, indicating subdued trading interest pre‑update. low

Technical Shares at $0.5416 are trading below the $1.50 200-day moving average and 89.46% under the 52-week high.

Peers on Argus

Pre‑announcement, LMFA was down 3.42% while peers showed mixed moves: PT up 8.11...

Pre‑announcement, LMFA was down 3.42% while peers showed mixed moves: PT up 8.11%, DXF up 7.54%, FOA down 2.6%, and others near flat, suggesting stock‑specific dynamics rather than a broad sector move.

Historical Context

5 past events · Latest: Dec 19 (Negative)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 19	Registered direct offering	Negative	-16.7%	Dilutive registered direct offering to raise $6.5M with new warrants.
Dec 18	Mining capacity update	Positive	-2.5%	Energized first Oklahoma immersion unit adding ~35 PH/s hashrate.
Dec 04	Monthly production update	Positive	-0.2%	Reported 6.9 BTC mined and 301.8 BTC HODL with hashrate steady.
Nov 14	Q3 2025 earnings	Positive	-13.1%	Q3 revenue growth, higher mining margin, expanded sites and BTC stack.
Nov 06	Earnings call notice	Neutral	-5.4%	Scheduled Q3 2025 earnings call and results release date.

Pattern Detected

Across the last five news events, LMFA shares declined after every announcement, including positive operational and earnings updates, indicating a pattern of selling into news.

Recent Company History

Over the past several months, LM Funding reported expanding Bitcoin mining operations, rising hashrate, and growing Bitcoin holdings, alongside Q3 2025 revenue of $2.18M and improved mining margins. It also executed financings, warrant adjustments, and repurchase transactions, including an $8M repurchase funded by a digital currency loan. Despite these developments, each prior news item was followed by a negative 24-hour price reaction, showing that recent announcements have often coincided with share price pressure. The current production and treasury update follows this sequence of frequent operational disclosures and capital actions.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-10-10

An amended Form S-3/A shelf filed on 2025-10-10 registers shares for resale by existing holders under a shelf process. The company does not receive proceeds from these resales. The shelf has seen at least one usage via a 424B5 prospectus on 2025-10-29, indicating an avenue for shareholder liquidity but not primary capital for LM Funding.

Market Pulse Summary

This announcement highlights record December production of 7.5 Bitcoin, growth in holdings to 356.3 ...

Analysis

This announcement highlights record December production of 7.5 Bitcoin, growth in holdings to 356.3 BTC worth about $31.4 million, and additional equity capital used to buy more Bitcoin and expand immersion capacity. Recent history includes financings, warrant adjustments, and share repurchases, alongside rising mining revenues. Investors may monitor future production updates, changes in Bitcoin treasury value, and any further use of the existing resale shelf as key factors for assessing balance sheet strength and dilution risk.

Key Terms

Bitcoin HODL, hashrate, EH/s, immersion mining, +2 more

6 terms

Bitcoin HODL technical

"The Company estimates that the value of its 356.3 Bitcoin holdings on December 31, 2025..."

"Bitcoin HODL" describes the act of holding onto Bitcoin investments for the long term instead of selling during market ups and downs. It reflects a mindset of patience and confidence, similar to keeping a valuable item safe rather than trading it frequently. This approach matters to investors because it aims to preserve potential future gains by ignoring short-term price fluctuations.

hashrate technical

"- Hashrate (EH/s 2 )"

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.

EH/s technical

"- Hashrate (EH/s 2 )"

"Eh/s" stands for "earnings per share," a measure of a company's profitability calculated by dividing its net profit by the number of shares outstanding. It indicates how much money each share would earn if the company’s profits were divided equally among shareholders, helping investors assess how well a company is performing financially. A higher "eh/s" suggests greater profitability, which can influence investment decisions.

immersion mining technical

"continuing to scale our immersion mining capacity in Oklahoma."

Immersion mining is a method of running cryptocurrency mining hardware submerged in a non-conductive cooling liquid so the machines stay cool without fans or traditional air conditioning. For investors, it matters because this approach can cut energy and maintenance costs, extend equipment life, and change a miner’s profit margins and environmental footprint—think of swapping noisy air-cooled engines for a quiet bathtub that keeps them running longer and cheaper.

curtailment technical

"We also generated approximately $63,000 in curtailment and energy revenues during the month..."

Curtailment is when a company or operation is forced to reduce or temporarily stop an expected activity—such as production, deliveries, services, or benefit payments—often because of limits like regulations, supply shortages, grid constraints, or cost controls. For investors it matters because curtailment usually lowers revenue, delays cash flow, and signals added operational or regulatory risk; think of it like turning down a faucet that was expected to supply steady cash, reducing the flow into the business.

Bitcoin technical

"In December, we mined 7.5 Bitcoin – a Company record for monthly Bitcoin production..."

Bitcoin is a decentralized digital currency and asset that exists only online, created and recorded through a public digital record maintained by many computers worldwide—think of it as a shared spreadsheet that no single person controls. Investors care because it behaves like a high-risk, high-reward store of value and speculative commodity: its supply is limited, its price can swing sharply, and owning it can change a portfolio’s risk, diversification and exposure to market sentiment.

AI-generated analysis. Not financial advice.

- Bitcoin treasury as of December 31, 2025 valued at $31.4 million or $1.46 per share¹

TAMPA, Fla., Jan. 07, 2026 (GLOBE NEWSWIRE) -- 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 December 31, 2025.

Metric	November 2025		December 2025
- Bitcoin2
- Mined, net	6.9		7.5
- Sold	-		-
- Purchased	-		47.0
- Service Fee	(0.1)		-
- Bitcoin HODL	301.83		356.33
- Machines2
- Oklahoma	4,320		4,480
- Mississippi	2,376		2,378
- Storage	1,234		613
- Total Machines	7,930		7,471
- Hashrate (EH/s2)
- Oklahoma	0.48		0.52
- Mississippi	0.23		0.23
- Energized	0.71		0.75

“In December, we mined 7.5 Bitcoin – a Company record for monthly Bitcoin production - and successfully raised approximately $6.1 million in equity to strengthen our balance sheet and improve our capital profile,” said Bruce M. Rodgers, Chairman and CEO of LM Funding. “The capital raise enabled us to purchase 47 Bitcoin at an average price of approximately $87,400 while continuing to scale our immersion mining capacity in Oklahoma. Our focus remains on disciplined execution and scaling our operations in line with our long-term strategy.”

“Driven by the energization of one of our two planned immersion mining containers, we mined 7.52 Bitcoin in December - a new company record for monthly production,” said Ryan Duran, President of USDM. “We also generated approximately $63,000 in curtailment and energy revenues during the month, bringing the full-year total to an estimated $1.2 million.”

The Company estimates that the value of its 356.3 Bitcoin holdings on December 31, 2025, was approximately $31.4 million or $1.46¹ per share, based on a Bitcoin price of approximately $88,050 as of December 31, 2025, compared to a stock share price of $0.44 as of December 31, 2025. As of January 6, 2025, the Company’s Bitcoin holdings were valued at approximately $33.1 million based on a Bitcoin price of approximately $93,000.

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 

¹Bitcoin treasury calculated using 356.3 Bitcoin held as of 12/31/25 and Bitcoin price of approximately $88,050 as of 12/31/25. 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
²Unaudited
³Includes 145 BTC held by Galaxy for loan facility

FAQ

How many Bitcoin did LMFA mine in December 2025?

LM Funding reported mining a company-record 7.5 Bitcoin in December 2025.

How much equity did LM Funding (LMFA) raise in December 2025 and why?

The company raised approximately $6.1 million in equity to strengthen its balance sheet and enable BTC purchases.

How many Bitcoin did LMFA hold and what was the treasury value on December 31, 2025?

LM Funding held 356.3 BTC valued at about $31.4 million (~$1.461 per share) based on BTC = ~$88,050.

What was LMFA's average purchase price for the 47 Bitcoin bought in December 2025?

LM Funding purchased 47 BTC at an average price of approximately $87,400.

What was LM Funding's energized hashrate and machine count in December 2025?

Energized hashrate was 0.75 EH/s and total machines were 7,471 as of December 2025.

How much curtailment and energy revenue did LMFA report for December 2025 and full year?

LM Funding generated about $63,000 in December and an estimated $1.2 million for the full year.