LM Funding America Announces March 2026 Production and Operational Update
LM Funding America (NASDAQ: LMFA) reported preliminary March 2026 mining and operational results.
Rhea-AI Summary
LM Funding America (NASDAQ: LMFA) reported preliminary March 2026 mining and operational results. The company mined 9.6 BTC in March, sold 23.1 BTC, and held 341.2 BTC valued at approximately $22.9 million (about $1.07 per share) as of March 31, 2026.
The fleet stayed at 7,513 machines with a record energized hashrate of 0.79 EH/s. The company extended the maturity of an $11 million Galaxy Digital loan to June 26, 2026.
Positive
- Bitcoin mined increased to 9.6 BTC in March (+10.3% vs Feb)
- Bitcoin sold rose to 23.1 BTC in March (+27.6% vs Feb)
- Record energized hashrate of 0.79 EH/s
- Fleet expanded by deploying 300 S19 XP miners in Oklahoma
Negative
- Shortened refinancing window: Galaxy loan maturity now June 26, 2026
- Market share-price disconnect: Bitcoin per-share ~$1.07 vs stock price $0.25
Details
News Market Reaction – LMFA
On Apr 13, the day this news came out, LMFA closed 0.79% below the previous close.
Data tracked by StockTitan Argus for the Apr 13 session.
Key Figures
- Bitcoin treasury
- 341.2 BTC
- Holdings as of March 31, 2026
- BTC treasury value
- $22.9 million
- Value of 341.2 BTC as of March 31, 2026
- BTC per share value
- $1.07 per share
- Implied value from BTC holdings vs equity
- Bitcoin price
- $67,300
- BTC price used for March 31, 2026 valuation
- Share price
- $0.25
- LMFA stock price at March 31, 2026 close
- Bitcoin mined
- 9.6 BTC
- Bitcoin mined in March 2026
- Energized hashrate
- 0.79 EH/s
- Total energized hashrate in March 2026
- Galaxy Digital loan
- $11 million
- Loan maturity extended to June 26, 2026
Historical Context
-
Reported higher revenue but large net and EBITDA losses with impairments.
-
Scheduled Q4 and full-year 2025 earnings call and webcast details.
-
Strongest monthly Bitcoin production with 8.7 BTC and 7,513 machines.
-
364.1 BTC worth $29.1M and 0.77 EH/s hashrate with curtailment details.
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Energized second immersion unit adding ~35 PH/s and expanding BTC holdings.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
bitcoin treasury financial
hashrate technical
hodl financial
eh/s technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Bitcoin treasury as of March 31, 2026 was 341.2 BTC valued at
TAMPA, Fla., April 13, 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 March 31, 2026.
| Metric | February 2026 | March 2026 |
| - Bitcoin2 | ||
| - Mined, net | 8.7 | 9.6 |
| - Sold | 18.1 | 23.1 |
| - Purchased | - | - |
| - Service Fee | - | - |
| - Bitcoin HODL | 354.73 | 341.23 |
| - Machines2 | ||
| - Oklahoma | 4,586 | 4,586 |
| - Mississippi | 2,368 | 2,368 |
| - Storage | 559 | 559 |
| - Total Machines | 7,513 | 7,513 |
| - Hashrate (EH/s2) | ||
| - Oklahoma | 0.55 | 0.56 |
| - Mississippi | 0.23 | 0.23 |
| - Energized | 0.78 | 0.79 |
“March continued our improved mining performance as we produced 9.6 Bitcoin and reached our highest hashrate to date,” said Bruce Rodgers, Chairman and CEO of LM Funding. “We remain focused on converting that operational strength into Bitcoin accumulation while highlighting the significant disconnect between the value of our Bitcoin holdings and our current market valuation.”
“The 300 Bitmain S19 XP miners deployed at our Oklahoma facility last month resulted in our highest total hashrate to date," said Ryan Duran, President of USDM. "This expansion reflects our ongoing commitment to scaling our fleet and continuously improving mining output across all of our operations.”
“We renegotiated our
The Company estimates that the value of its 341.2 Bitcoin holdings on March 31, 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 341.2 Bitcoin held as of 03/31/26 and Bitcoin price of approximately
2Unaudited
3Includes 174 BTC held by Galaxy for loan facility
FAQ
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