LM Funding America Purchases 164 Bitcoin, Increasing Treasury to 311 BTC
Rhea-AI Summary
LM Funding America (NASDAQ:LMFA), a Bitcoin treasury and mining company, has announced the purchase of 164 Bitcoin (BTC) at an average price of $113,850 per BTC, totaling approximately $18.67 million.
This strategic acquisition, funded by a recent $23 million financing, has increased LMFA's total Bitcoin holdings to 311 BTC, valued at approximately $36.1 million ($2.381 per outstanding share) based on a Bitcoin price of $116,000 as of August 22, 2025. The company's share price closed at $1.37 on the same date.
LMFA launched its Bitcoin treasury strategy in 2021 and expanded into Bitcoin mining operations in 2022, accumulating Bitcoin through both mining and direct purchases.
Positive
- Significant treasury growth with Bitcoin holdings increasing to 311 BTC ($36.1 million)
- Bitcoin holdings value per share ($2.381) significantly exceeds current share price ($1.37)
- Successfully secured $23 million in financing for treasury growth
- Diversified Bitcoin accumulation strategy through both mining and direct purchases
Negative
- Large capital allocation ($18.67M) to volatile cryptocurrency assets
- High average purchase price of $113,850 per Bitcoin carries significant market risk
- Concentrated investment strategy heavily dependent on Bitcoin performance
News Market Reaction – LMFA
On the day this news was published, LMFA declined 2.19%, reflecting a moderate negative market reaction. Argus tracked a peak move of +11.5% during that session. Argus tracked a trough of -3.8% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $466K from the company's valuation, bringing the market cap to $21M at that time.
Data tracked by StockTitan Argus on the day of publication.
TAMPA, Fla., Aug. 25, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced the purchase of 164 Bitcoin (“BTC”) at an average price of
This purchase follows LM Funding’s recent
Bruce Rodgers, Chairman and CEO of LM Funding, commented, “Bitcoin stands apart as the hardest form of money ever created — perfectly scarce, finite, and increasingly recognized as a core asset class. With this latest purchase of 164 BTC, we are reinforcing our belief that Bitcoin is currently the best long-term store of value. As we continue to expand our mining capacity and strategically grow our treasury, LM Funding is positioning itself to benefit from Bitcoin’s unique economics and drive long-term value for our shareholders.”
The Company estimates that the value of its 311 Bitcoin holdings was approximately
About LM Funding America
LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin treasury, mining and technology-based specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://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 associated with substantially growing our Bitcoin treasury operations and strategy, 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 collected 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
1 Bitcoin per share calculated using 15,198,338 shares outstanding as of August 18, 2025.
FAQ
How many Bitcoin did LM Funding (NASDAQ:LMFA) purchase in August 2025?
What is the total value of LM Funding's Bitcoin holdings as of August 2025?
How does LMFA's Bitcoin value per share compare to its stock price?
When did LM Funding start its Bitcoin strategy?
How does LM Funding accumulate its Bitcoin holdings?
