LM Funding America Announces February 2026 Production and Operational Update
LM Funding America (NASDAQ: LMFA) reported a February 2026 mining and operational update showing its strongest monthly Bitcoin production since launch.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
LM Funding America (NASDAQ: LMFA) reported a February 2026 mining and operational update showing its strongest monthly Bitcoin production since launch. The company mined 8.7 BTC in February, increased total machines to 7,513, and held 354.7 BTC valued at approximately $23.8 million (≈$1.11 per share) as of February 28, 2026.
The company deployed ~300 Bitmain S21 XP miners in Oklahoma, upgraded older equipment, and extended the maturity of an $11 million Galaxy Digital loan to April 24, 2026, providing short-term balance sheet flexibility.
Positive
- Net mined Bitcoin rose 11.5% MoM to 8.7 BTC in February
- Highest monthly production since mining operations launch
- ~300 S21 XP miners deployed, improving efficiency and uptime
- Bitcoin treasury value ≈ $23.8 million (354.7 BTC) as of Feb 28, 2026
- Implied BTC value per share ~$1.11 vs. stock close $0.40 (Mar 2, 2026)
Negative
- Galaxy Digital loan maturity extended only until Apr 24, 2026, indicating near-term refinancing need
Details
News Market Reaction – LMFA
On Mar 4, the day this news came out, LMFA closed 13.16% above the previous close.
Data tracked by StockTitan Argus for the Mar 4 session.
Key Figures
- Bitcoin treasury
- 354.7 BTC
- Holdings as of February 28, 2026
- Treasury value
- $23.8 million
- Estimated value of 354.7 BTC on February 28, 2026
- Bitcoin mined
- 8.7 BTC
- Net Bitcoin mined in February 2026
- Bitcoin sold
- 18.1 BTC
- Bitcoin sold in February 2026
- Total machines
- 7,513
- Total mining machines in February 2026
- Energized hashrate
- 0.78 EH/s
- Total energized hashrate in February 2026
- Galaxy Digital loan
- $11 million
- Loan with maturity extended to April 24, 2026
- Reference BTC price
- $67,000
- Bitcoin price used for treasury valuation on February 28, 2026
Historical Context
-
January 2026 Bitcoin production, treasury value, and hashrate update.
-
Second Oklahoma immersion unit energized, adding ~35 PH/s and raising hashrate.
-
Record December 2025 Bitcoin production, equity raise, and BTC purchases.
-
Registered direct offering with shares, pre-funded warrants, and repriced warrants.
-
First Oklahoma immersion unit energized, adding ~35 PH/s and boosting BTC holdings.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
hashrate technical
eh/s technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Bitcoin treasury as of February 28, 2026 was 354.7 BTC valued at
TAMPA, Fla., March 04, 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 February 28, 2026.
| Metric | January 2026 | February 2026 |
| - Bitcoin2 | ||
| - Mined, net | 7.8 | 8.7 |
| - Sold | - | 18.1 |
| - Purchased | - | - |
| - Service Fee | - | - |
| - Bitcoin HODL | 364.13 | 354.73 |
| - Machines2 | ||
| - Oklahoma | 4,608 | 4,586 |
| - Mississippi | 2,378 | 2,368 |
| - Storage | 365 | 559 |
| - Total Machines | 7,351 | 7,513 |
| - Hashrate (EH/s2) | ||
| - Oklahoma | 0.54 | 0.55 |
| - Mississippi | 0.23 | 0.23 |
| - Energized | 0.77 | 0.78 |
“February was our highest production month since launching our mining operations, supported by strong uptime and consistent performance across our facilities,” said Bruce Rodgers, Chairman and CEO of LM Funding. “We remain focused on expanding our mining infrastructure and increasing our Bitcoin holdings, continuing to rely on Bitcoin’s long-term appreciation and its role as the foundation of our intrinsic value.”
“During late February, we deployed approximately 300 Bitmain S21 XP miners at our Oklahoma facility, replacing older machines and reallocating higher-terahash units to Mississippi,” said Ryan Duran, President of USDM. “This fleet upgrade improved overall efficiency, strengthened uptime, and increased our total hashrate - supporting our highest monthly Bitcoin production to date.”
“We also renegotiated our
The Company estimates that the value of its 354.7 Bitcoin holdings on February 28, 2026, 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
OG Advisory Group
Yujia Zhai
LMFundingIR@orangegroupadvisors.com
1Bitcoin treasury calculated using 354.7 Bitcoin held as of 02/28/26 and Bitcoin price of approximately
2Unaudited
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.