LM Funding America Releases March 2026 Bitcoin Mining and Operational Update

Tampa, FL, April 13, 2026 – LM Funding America, Inc. (NASDAQ: LMFA), a Bitcoin treasury and mining company, has released its preliminary unaudited operational and Bitcoin mining results for the month ended March 31, 2026. The company’s latest report contains several key metrics and strategic updates that may impact shareholder value and could be considered price-sensitive.

Key Financial and Operational Highlights

• Bitcoin Holdings (Treasury): As of March 31, 2026, LM Funding America held 341.2 Bitcoin, valued at approximately \$22.9 million. This equates to \$1.07 per share, based on 21,455,892 diluted shares outstanding and a Bitcoin price of \$67,300.
• Bitcoin Mined: In March 2026, the company mined 9.6 Bitcoin, an increase from 8.7 Bitcoin in February 2026.
• Bitcoin Sold: The company sold 23.1 Bitcoin in March, up from 18.1 Bitcoin sold in February.
• Outstanding Bitcoin HODL (Holdings): Holdings decreased from 354.7 BTC at the end of February to 341.2 BTC at the end of March, including 174 BTC held by Galaxy as security for a loan facility.
• Mining Fleet and Hashrate:
  • Total Machines: 7,513 miners deployed across Oklahoma (4,586 units), Mississippi (2,368 units), and in storage (559 units).
  • Hashrate: The company achieved its highest total hashrate to date: 0.79 EH/s (exahashes per second), up from 0.78 EH/s in February.
• Loan Facility Update: LM Funding renegotiated its \$11 million loan from Galaxy Digital, extending its maturity date to June 26, 2026. This provides the company with greater financial flexibility to benefit from potential Bitcoin price appreciation.

Management Commentary

Bruce Rodgers, Chairman and CEO, emphasized that March demonstrated improved mining performance, with production rising and the company reaching its highest hashrate to date. Rodgers also highlighted a significant disconnect between the value of the company’s Bitcoin holdings and its current market capitalization: with shares trading at \$0.25 at the end of March 2026, compared to a per-share Bitcoin holding value of \$1.07.

Ryan Duran, President of USDM, noted that the recent deployment of 300 Bitmain S19 XP miners at the Oklahoma facility contributed to the increased hashrate. This expansion aligns with the company’s commitment to scaling its mining operations.

Richard Russell, Chief Financial Officer, stated that the extended Galaxy Digital loan maturity provides the flexibility to capitalize on any upward movement in Bitcoin prices, further strengthening the company’s treasury strategy.

Key Issues and Potential Share Price Drivers

• Significant Valuation Discrepancy: The company’s Bitcoin holdings per share (\$1.07) are substantially higher than the recent market share price (\$0.25), suggesting a possible undervaluation relative to its asset base.
• Improved Mining Output: March’s operational improvements, including higher mining output and increased hashrate, could enhance future revenues, especially if Bitcoin prices remain strong or rise.
• Expanded Financial Flexibility: The renegotiation and extension of the Galaxy Digital loan may provide LM Funding America with increased financial agility to pursue growth opportunities or weather market volatility.
• Potential Risks: The company operates in a highly volatile sector. Risks include fluctuations in Bitcoin prices, regulatory changes, electricity prices, and the ability to expand mining operations efficiently. Additionally, 174 BTC held as loan collateral are not immediately available to the company.

About LM Funding America

LM Funding America, Inc. operates as a Bitcoin treasury and mining company, with additional activities in specialty finance, primarily providing funding to nonprofit community associations in Florida. The company was founded in 2008 and is headquartered in Tampa, Florida.

Contact

For investor and media inquiries, contact Yujia Zhai at [email protected].

Disclaimer: This article contains forward-looking statements subject to risks and uncertainties, including those related to the cryptocurrency mining business, regulatory developments, and financial market conditions. Investors should review the company’s filings with the SEC and consider all risk factors before making investment decisions. This article is for informational purposes only and does not constitute investment advice.

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