LM Funding America Announces February 2026 Production and Operational Update
MWN-AI** Summary
LM Funding America, Inc. (NASDAQ: LMFA), a Bitcoin treasury and mining company based in Tampa, Florida, has reported significant operational updates for February 2026. As of February 28, 2026, the company holds a Bitcoin treasury of 354.7 BTC, valued at approximately $23.8 million, translating to about $1.11 per share. This valuation contrasts with a closing stock price of $0.40 on March 2, 2026.
The operational highlights reveal that LM Funding mined 8.7 BTC in February, marking its highest production month since initiating mining operations. This production surge was attributed to enhanced uptime and performance at its facilities. The company’s infrastructure received a boost with the deployment of around 300 new Bitmain S21 XP miners at its Oklahoma facility, which replaced older machines and optimized operations.
LM Funding’s total mining operations now consist of 7,513 machines distributed primarily across Oklahoma and Mississippi, maintaining a consistent hashrate of 0.55 EH/s in Oklahoma and 0.23 EH/s in Mississippi. The company has placed a strong focus on expanding its mining capacity and increasing Bitcoin holdings, banking on the long-term appreciation of Bitcoin as a cornerstone of its value proposition.
In addition to its mining achievements, the company announced it has renegotiated a loan from Galaxy Digital, extending the maturity date of its $11 million debt to April 24, 2026, providing financial flexibility.
Investors are encouraged to consider LM Funding's recent performance and optimistic outlook amidst the volatile cryptocurrency landscape, noting the inherent risks associated with the industry as detailed in the company's filings with the SEC.
MWN-AI** Analysis
As of February 28, 2026, LM Funding America, Inc. (NASDAQ: LMFA) has announced a significant operational update, presenting a glimpse into its potential as a Bitcoin treasury and mining entity. With 354.7 BTC valued at approximately $23.8 million or $1.11 per share, the company is positioned intriguingly against its current share price of $0.40. This discrepancy implies substantial upside potential for investors should the company's operational performance and Bitcoin valuations align favorably.
February 2026 marked the highest Bitcoin production month for LM Funding, with total mined BTC increasing from 7.8 to 8.7 from January to February. This uptick was facilitated by the strategic upgrade of mining equipment, notably the deployment of 300 advanced Bitmain S21 XP miners. The improvements in hash rate—from 0.770 EH/s to 0.780 EH/s—further indicate robust operational efficiencies that could bolster future production and, subsequently, revenue.
Investors should take note of the company’s proactive measures, particularly the extension of the Galaxy Digital Loan maturity until April 24, 2026. This flexibility not only alleviates immediate financial pressures but also positions LM Funding better for potential growth avenues, particularly as they continue to expand their mining infrastructure.
However, prospective investors must also bear in mind the inherent risks in cryptocurrency mining—ranging from regulatory changes and operational scalability to fluctuations in Bitcoin prices. The company's financial condition may be affected by these external factors, coupled with the volatility of the crypto market.
In conclusion, LM Funding America presents an interesting opportunity for investors who are bullish on Bitcoin and the cryptocurrency sector. The current valuation relative to its asset holdings suggests potential for significant gains; however, a careful assessment of market conditions and risk factors is crucial before investing.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
- Bitcoin treasury as of February 28, 2026 was 354.7 BTC valued at $23.8 million or $1.11 per share1
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 $11 million Galaxy Digital Loan by extending the maturity date until April 24, 2026,” said Richard Russell, Chief Financial Officer. “This extension provides us with flexibility in settling the loan.”
The Company estimates that the value of its 354.7 Bitcoin holdings on February 28, 2026, was approximately $23.8 million or $1.111 per share, based on a Bitcoin price of approximately $67,000 as of February 28, 2026, compared to a stock share price of $0.40 as March 2, 2026 close.
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 $67,000 as of 02/28/26. Bitcoin per share calculated using 21,455,892 diluted shares outstanding as of 02/28/26 which includes 15,264,892 shares outstanding and 6,191,000 warrants with an exercise price of $0.001 per share as of 02/28/26.
2Unaudited
FAQ**
How does the Bitcoin treasury of LM Funding America Inc. (LMFA), valued at $23.8 million, impact the company's overall financial performance and investor sentiment in the current market?
With a share price of $0.40 compared to a Bitcoin valuation of $1.111 per share, how does LM Funding America Inc. (LMFA) plan to enhance shareholder value going forward?
What operational strategies is LM Funding America Inc. (LMFA) implementing to sustain the high production levels achieved in February 2026 and ensure continued growth in Bitcoin holdings?
Given the risks outlined in the press release, what contingency plans does LM Funding America Inc. (LMFA) have in place to mitigate potential challenges in cryptocurrency mining and financing operations?
**MWN-AI FAQ is based on asking OpenAI questions about LM Funding America Inc. (NASDAQ: LMFA).
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