LM Funding America Announces October 2025 Production and Operational Update

Rhea-AI Summary

LM Funding America (NASDAQ: LMFA) provided a preliminary, unaudited operational update for October 2025 covering mining production, fleet status, and treasury actions.

The company mined 7.5 BTC in October (a 27% month‑over‑month increase) and held 294.9 BTC valued at approximately $31.9 million or $2.70 per share based on a Bitcoin price of ~$108,300 on October 31, 2025. Total machines remained 7,930 with energized hashrate rising to 0.71 EH/s. LM Funding sold 17 BTC in October, deployed $8 million of a Galaxy facility to privately repurchase 3,308,575 shares (24%), acquired 320 Bitmain S21 immersion-cooled units for an Oklahoma expansion, and authorized a new share buyback program.

Positive

• Bitcoin production +27% month-over-month (7.5 BTC in October)
• Held 294.9 BTC valued at $31.9M on Oct 31, 2025
• Total machines steady at 7,930 with energized hashrate 0.71 EH/s
• Acquired 320 S21 immersion units (+68.8 PH for 2 MW Oklahoma)
• Completed private repurchase of 3,308,575 shares (24%) using $8M

Negative

• Sold 17.0 BTC in October to fund operations and equipment
• Bitcoin HODL declined from 304.5 BTC to 294.9 BTC month-over-month
• Deployed $8M of $11M Galaxy facility, reducing liquidity capacity
• Stock price $1.07 vs mNAV per share $2.70 indicates market discount

Insights

Corporate Operations Analyst

Production rose 27% in October; company reduced outstanding shares and held $31.9 million in Bitcoin (294.9 BTC).

LM Funding increased mined Bitcoin to 7.5 BTC in October, a 27% month‑over‑month rise, and reports a Bitcoin HODL of 294.9 BTC valued at $31.9 million or $2.70 per share as of October 31, 2025. The company operated 7,930 machines with energized hashrate rising to 0.71 EH/s and brought its Mississippi facility fully online for the first full month.

Management sold 17.0 BTC in October and used $8 million of an $11 million facility to repurchase 3,308,575 shares (stated as 24% of then‑outstanding shares) and 7,248,787 warrants, while also acquiring 320 immersion‑cooled S21 units adding 68.8 PH toward a planned 2 MW Oklahoma expansion expected online in December. These actions reduced share count materially and increased mining capacity without asserting future outcomes.

Dependencies and risks are explicit in the update: operational gains depend on additional infrastructure coming online and seasonal conditions, and liquidity used for repurchases came from asset sales in the month. Watch the November Bitcoin sold/purchased activity and the December online timing for the 2 MW Oklahoma expansion as near‑term monitorables. The facts point to improved operational output and an active capital‑return strategy, so the disclosed developments are impactful for shareholder value metrics today.

- Bitcoin treasury as of October 31, 2025 valued at $31.9 million or $2.70 per share¹

TAMPA, Fla., Nov. 05, 2025 (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 October 31, 2025.

Metric	September 2025	October 2025
- Bitcoin2
- Mined, net	5.9	7.5
- Sold	(12.5)	(17.0)
- Purchased	-	-
- Service Fee	(0.1)	(0.1)
- Bitcoin HODL	304.5	294.9
- Machines2
- Oklahoma	4,320	4,320
- Mississippi	2,330	2,376
- Storage	1,280	1,234
- Total Machines	7,930	7,930
- Hashrate (EH/s2)
- Oklahoma	0.48	0.48
- Mississippi	0.22	0.23
- Energized	0.70	0.71

“October was our first full month with the Mississippi facility online, and we are pleased to report an estimated 27% increase in Bitcoin production,” said Bruce M. Rodgers, Chairman and CEO of LM Funding. “Alongside this operational progress, we are taking actions to enhance mNAV and increase Bitcoin per share, including the recently completed private securities repurchase and newly authorized share buyback program – reinforcing our belief in the company’s strategy.”

“Operational performance improved in October,” said Ryan Duran, President of U.S. Digital Mining. “With our 7.5 MW Mississippi site running and optimized fleet deployment, we mined 7.5 Bitcoin for the month —a 27% increase month-over-month. We also secured 320 immersion-cooled S21 units which should generate an additional 68.8 PH for our 2 MW Oklahoma expansion that is expected to go online in December, positioning us for further improvement as additional infrastructure comes online and seasonal conditions support stronger output.”

“We took strategic steps in October to optimize liquidity and support our treasury strategy,” said Richard Russell, Chief Financial Officer. “We sold more Bitcoin than usual to help fund the purchase of Bitmain S21 immersion-cooled machines and deployed $8 million of our $11 million Galaxy facility to complete the private repurchase of 3,308,575 shares or 24% of our then outstanding shares and 7,248,787 warrants. As a result, we have meaningful liquidity to support our authorized buyback program and operations, and this structure positions us to sell less Bitcoin in November and continue building our Bitcoin treasury.”

“Our focus is to continue increasing production and efficiency, increase Bitcoin per share and mNAV, and steadily grow our Bitcoin treasury,” added Rodgers. “We expect to use our buyback capacity when our mNAV trades below comparable Bitcoin miners, as we believe the current market discount to our Bitcoin holdings and infrastructure assets represents an opportunity to build long-term value per share.”

The Company estimates that the value of its 294.9 Bitcoin holdings on October 31, 2025, was approximately $31.9 million or $2.70¹ per share, based on a Bitcoin price of approximately $108,300 as of October 31, 2025, compared to a stock share price of $1.07 as of 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, 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 294.9 Bitcoin held as of 10/31/25 and Bitcoin price of approximately $108,300 as of 10/31/25. Bitcoin per share calculated using 11,833,973 shares outstanding as of 10/31/2025.
²Unaudited

FAQ

How many Bitcoin did LMFA mine in October 2025 and how does that compare to September 2025?

LMFA mined 7.5 BTC in October 2025, a 27% increase from 5.9 BTC in September 2025.

What was LM Funding America's Bitcoin treasury value and Bitcoin per share on October 31, 2025?

The company estimated its 294.9 BTC were worth approximately $31.9 million, or about $2.70 per share on October 31, 2025.

How many mining machines does LMFA operate and what is the energized hashrate as of October 2025?

LMFA reported a total of 7,930 machines across sites with an energized hashrate of 0.71 EH/s in October 2025.

What capital actions did LMFA take in October 2025 that affect shareholders?

LMFA completed a private repurchase of 3,308,575 shares (24%) using $8 million of its Galaxy facility and authorized a new share buyback program.

Why did LMFA sell Bitcoin in October 2025 and how much was sold?

The company sold 17.0 BTC in October 2025 to fund purchase of immersion-cooled machines and the private share repurchase.

When is LMFA expected to bring additional capacity online for further production gains?

LMFA expects a 2 MW Oklahoma expansion using 320 S21 immersion units to go online in December 2025, adding ~68.8 PH.