Core Insights - LM Funding America, Inc. reported a preliminary operational update for October 2025, highlighting a significant increase in Bitcoin production due to the optimization of its Mississippi facility [1][2]. Operational Performance - In October 2025, the company mined 7.5 Bitcoin, representing a 27% increase from September 2025's production of 5.9 Bitcoin [2]. - The total Bitcoin sold in October was 17.0 Bitcoin, up from 12.5 Bitcoin in September [2]. - The company's Bitcoin holdings decreased from 304.5 Bitcoin in September to 294.9 Bitcoin in October [2]. Infrastructure and Capacity - The Mississippi facility, which became fully operational in October, contributed to the increased production [2]. - The company secured 320 immersion-cooled S21 units, expected to generate an additional 68.8 PH for the upcoming 2 MW Oklahoma expansion, set to go online in December [2]. Financial Strategy - The company sold more Bitcoin than usual to fund the purchase of new mining machines, deploying $8 million of its $11 million Galaxy facility for a private repurchase of 3,308,575 shares, which is 24% of its outstanding shares [2]. - The estimated value of the company's Bitcoin holdings as of October 31, 2025, was approximately $31.9 million, equating to $2.70 per share based on a Bitcoin price of approximately $108,300 [2]. Future Outlook - The company aims to continue increasing production and efficiency, enhance Bitcoin per share and mNAV, and grow its Bitcoin treasury [2]. - The management believes that the current market discount to its Bitcoin holdings presents an opportunity to build long-term value per share [2].

TAMPA, Fla., Nov. 03, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced that its Board of Directors has authorized a share repurchase program to buy up to $1.5 million of the Company’s outstanding common stock. The authorization represents approximately 15% of LM Funding’s currently outstanding shares following its recently announced private repurchase of shares and warrants on October 30, 2025. Following ...

Core Viewpoint - LM Funding America, Inc. has entered into repurchase agreements with institutional investors to acquire 3,308,575 shares of its common stock and associated warrants, aiming to simplify its capital structure and align its stock with its net asset value [1][4]. Group 1: Repurchase Agreements - The company will repurchase investment units at a price of $2.41 per unit, totaling approximately $8.0 million [2]. - Each unit consists of one share of common stock and warrants to purchase approximately 2.19 common shares, with a current warrant exercise price of $1.10 per share, allowing for the purchase of a total of 7,248,787 shares [2]. Group 2: Financing Details - The transaction will be financed through an $11 million loan facility from Galaxy Digital, secured by Bitcoin deposited with Galaxy [3]. - The loan facility is structured to manage exposure and maintain flexibility over its one-year term [3]. Group 3: Company Background - LM Funding America operates as a Bitcoin treasury and mining company, founded in 2008 and based in Tampa, Florida [5]. - The company also provides funding to nonprofit community associations primarily in Florida through a technology-enabled specialty finance business [5].

[Filing Information](index=1&type=section&id=Filing%20Information) This section provides essential administrative and regulatory details regarding the company's filing [Company Details](index=1&type=section&id=Company%20Details) This section provides the fundamental identification and contact information for LM FUNDING AMERICA, INC., as filed with the SEC - LM FUNDING AMERICA, INC. is incorporated in Delaware with Commission File Number **001-37605**[2](index=2&type=chunk) - The principal executive offices are located at 1200 West Platt Street, Suite 100, Tampa, Florida 33606, with a telephone number of **813 222-8996**[2](index=2&type=chunk) [Securities Information](index=1&type=section&id=Securities%20Information) This section details the company's registered securities and its status regarding emerging growth company regulations | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :-------------------------- | :---------------- | :---------------------------------------- | | Common Stock par value $0.001 per share | LMFA | The Nasdaq Stock Market LLC | - The registrant is not an emerging growth company[5](index=5&type=chunk) [Current Report Items](index=3&type=section&id=Current%20Report%20Items) This section outlines the specific items reported in the current filing, including operational results and accompanying exhibits [Item 2.02 Results of Operations and Financial Condition](index=3&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) LM Funding America, Inc. issued a press release on October 8, 2025, providing an update on Bitcoin production and mining for the month ended September 30, 2025 - A press release was issued on **October 8, 2025**, detailing Bitcoin production and mining updates for the month ended **September 30, 2025**[6](index=6&type=chunk) - The information in Item 2.02, including Exhibit 99.1, is furnished and not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, limiting liability[7](index=7&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=3&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section lists the exhibits accompanying the Form 8-K filing, which include the press release mentioned in Item 2.02 and the interactive data file | Exhibit Number | Description | | :------------- | :---------------------------------------------- | | 99.1 | Press release issued October 8, 2025 | | 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) | [Legal Disclosures](index=3&type=section&id=Legal%20Disclosures) This section provides crucial legal disclaimers and cautionary statements regarding the report's content [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) This standard disclosure warns investors that the report may contain forward-looking statements, which are subject to various risks and uncertainties that could cause actual results to differ materially - The report may contain forward-looking statements, identified by words like 'anticipate,' 'estimate,' 'expect,' 'intend,' 'plan,' and 'project,' which are not guarantees of future results[9](index=9&type=chunk) - Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those described[9](index=9&type=chunk) - Investors are advised to refer to the Company's SEC filings (10-K, 10-Q, 8-K) for detailed risk factors, and the Company disclaims any intention or obligation to update these statements unless required by law[9](index=9&type=chunk) [Signatures](index=4&type=section&id=Signatures) This section formally authenticates the report through authorized signatures [Report Signatures](index=4&type=section&id=Report%20Signatures) This section confirms the official signing of the Form 8-K report by an authorized representative of LM Funding America, Inc. - The report was signed on behalf of LM Funding America, Inc. by **Richard Russell, CFO**[12](index=12&type=chunk)[13](index=13&type=chunk) - The signing date for the report was **October 8, 2025**[13](index=13&type=chunk)

Core Insights - LM Funding America, Inc. reported a preliminary, unaudited operational update for Bitcoin mining for September 2025, highlighting an increase in Bitcoin mined and a strategic acquisition in Mississippi [1][2]. Financial Performance - In September 2025, the company mined 5.9 Bitcoin, a slight increase from 5.8 Bitcoin in August 2025 [2]. - Bitcoin sold increased from 9.0 Bitcoin in August to 12.5 Bitcoin in September [2]. - The company's Bitcoin holdings decreased from 311.2 Bitcoin in August to 304.5 Bitcoin in September, valued at approximately $34.7 million based on a Bitcoin price of $114,070 [2][3]. - As of October 6, 2025, the value of Bitcoin holdings rose to approximately $38.1 million, with a Bitcoin price of $125,000 [3]. Operational Update - The acquisition of a Mississippi site for $4.3 million added 7.5 MW of capacity and 220 PH/s to the company's operations, funded entirely from the balance sheet [2][3]. - Total machines increased from 5,538 in August to 7,491 in September, with the addition of 2,376 machines in Mississippi [2]. - The average hashrate improved from 0.39 EH/s in August to 0.48 EH/s in September, despite operational challenges during the transition of the Mississippi site [3]. Leadership Changes - Todd Liebel was appointed as Vice President of U.S. Digital Mining & Hosting Co., tasked with overseeing the integration of the Mississippi acquisition and enhancing operational efficiency [3].

Core Insights - LM Funding America, Inc. has acquired an 11 MW Bitcoin mining facility in Columbus, Mississippi for $4.0 million, which includes operational hashrate from approximately 2,300 Bitmain S19 series miners [1][2] - The acquisition is expected to increase the company's total owned Bitcoin mining capacity to 26 MW and aligns with its strategy of acquiring undervalued power assets [2] Financial Details - The acquisition was financed through a combination of a $1.3 million secured loan and existing liquid assets [2] - The facility offers favorable power pricing at approximately $0.036 per kWh, which is anticipated to lower the overall fleetwide average electricity price [2] Strategic Implications - The acquisition diversifies the company's geographic footprint, reduces single-site risk, and creates a platform for accelerated miner deployment [2] - The company plans to optimize the facility's capacity with existing and additional cost-effective miners, leveraging firmware improvements to enhance margins [2]

[Form 8-K Filing Details](index=1&type=section&id=FORM_8K_FILING_DETAILS) This section details the general information regarding the Form 8-K filing, including registrant specifics and securities registered [General Information](index=1&type=section&id=General_Information) This section provides the general filing information for the Form 8-K, including the registrant's details, the date of the earliest event reported, and the securities registered for trading - Registrant: **LM FUNDING AMERICA, INC.**[2](index=2&type=chunk) - Date of earliest event reported: **July 08, 2025**[2](index=2&type=chunk) Securities Registered | Title of each class | Symbol(s) | Name of each exchange on which registered | | :------------------ | :-------- | :---------------------------------------- | | Common Stock par value $0.001 per share | LMFA | The Nasdaq Stock Market LLC | [Financial Results and Operations](index=3&type=section&id=FINANCIAL_RESULTS_AND_OPERATIONS) This section outlines the company's operational results and financial condition, specifically detailing its Bitcoin production and mining activities [Item 2.02 Results of Operations and Financial Condition](index=3&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) This section reports LM Funding America, Inc.'s Bitcoin production and mining update for June 2025, furnished via press release and not subject to Section 18 liability - The Company issued a press release on **July 8, 2025**, detailing its Bitcoin production and mining update for the month ended **June 30, 2025**[6](index=6&type=chunk) - Information in this Item 2.02, including Exhibit 99.1, is not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934, thus not subject to its liability provisions[7](index=7&type=chunk) [Exhibits and Legal Disclosures](index=3&type=section&id=EXHIBITS_AND_LEGAL_DISCLOSURES) This section details the exhibits accompanying the Form 8-K filing and includes important disclaimers regarding forward-looking statements [Item 9.01 Financial Statements and Exhibits](index=3&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section lists the exhibits accompanying the Form 8-K filing, which include the press release detailing the Bitcoin production and mining update and the interactive data file Exhibits Filed | Exhibit Number | Description | | :------------- | :---------------------------------------------------------- | | 99.1 | Press release issued July 8, 2025 | | 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) | [Forward-Looking Statements](index=3&type=section&id=Forward-Looking_Statements) This section provides a disclaimer on forward-looking statements, highlighting inherent risks and uncertainties, and disclaims any obligation to update them unless legally mandated - The Current Report on Form 8-K may contain 'forward-looking statements' as defined by the Private Securities Litigation Reform Act of 1995, identifiable by specific predictive terms[9](index=9&type=chunk) - Forward-looking statements are not guarantees of future results and are subject to risks and uncertainties that may cause material differences in actual outcomes[9](index=9&type=chunk) - The Company disclaims any obligation to update or revise forward-looking statements due to new information or future events, unless legally mandated[9](index=9&type=chunk) [Signatures](index=4&type=section&id=SIGNATURES) This section contains the formal certification and signature of the authorized officer for the Form 8-K filing [Report Signatures](index=4&type=section&id=Report_Signatures) This section formally certifies the filing of the Form 8-K report by an authorized officer of LM Funding America, Inc - The report was signed on behalf of LM Funding America, Inc. by **Richard Russell, CFO**[12](index=12&type=chunk)[13](index=13&type=chunk) - Date of signature: **July 8, 2025**[13](index=13&type=chunk)

Core Insights - LM Funding America, Inc. reported a Bitcoin treasury valued at approximately $33.8 million as of August 31, 2025, equating to $2.18 per share based on a Bitcoin price of around $108,500 [1][2][6] Company Performance - In August 2025, the company mined 5.8 Bitcoin, slightly down from 5.9 Bitcoin in July 2025 [2] - The company sold 9 Bitcoin in August, a decrease from 11 Bitcoin sold in July [2] - LM Funding purchased 164 Bitcoin in August, significantly increasing its holdings [2] - The total Bitcoin holdings increased to 311.2 Bitcoin by the end of August 2025 [2] Operational Metrics - The company maintained 4,320 operational machines and 1,218 storage machines, with a total of 5,538 machines [2] - The average network hash price declined by 4.9% month-over-month, but the company implemented a curtailment and energy sales program that offset mining costs by approximately $52,000 [2] Strategic Goals - The CEO emphasized the goal of growing the Bitcoin treasury over the long term, highlighting disciplined treasury management and strategic decisions to accumulate more Bitcoin [2]

Core Viewpoint - LM Funding America, Inc. has made a significant acquisition of 164 Bitcoin at an average price of $113,850 per BTC, totaling approximately $18.67 million, increasing its total Bitcoin holdings to about 311 BTC as of August 22, 2025 [1][2][3] Company Overview - LM Funding America operates as a Bitcoin treasury, mining, and technology-based specialty finance company, founded in 2008 and based in Tampa, Florida [4] - The company launched its Bitcoin treasury strategy in 2021 and expanded into Bitcoin mining operations in 2022, accumulating Bitcoin through mining and direct purchases [2] Financial Highlights - Following a recent financing round of $23 million, the majority of which was allocated to treasury growth, the company is strategically positioning itself for long-term value creation [2][3] - The estimated value of LM Funding's 311 Bitcoin holdings is approximately $36.1 million, equating to $2.38 per outstanding share, based on a Bitcoin price of around $116,000 as of August 22, 2025, compared to a closing share price of $1.37 on the same date [3][6] Leadership Perspective - The Chairman and CEO, Bruce Rodgers, emphasized Bitcoin's unique characteristics as a scarce asset and its recognition as a core asset class, reinforcing the company's belief in Bitcoin as a long-term store of value [3]

Core Viewpoint - LM Funding America, Inc. has successfully raised approximately $23.0 million through a registered direct offering and a private placement, primarily aimed at enhancing its Bitcoin treasury holdings [1][2][4]. Group 1: Capital Raising and Financial Strategy - The company has priced a $12.6 million registered direct offering and closed a $10.4 million private placement, with the majority of net proceeds intended for purchasing additional Bitcoin [1]. - The capital raise positions the company closer to unlocking additional capital-raising flexibility with the balance of its $150 million shelf registration [1]. - Bruce Rodgers, Chairman and CEO, emphasized that the offerings strengthen the balance sheet and facilitate future capital raising, aiming to create long-term shareholder value [4]. Group 2: Bitcoin Treasury and Mining Operations - LM Funding launched its Bitcoin treasury strategy in 2021 and expanded into Bitcoin mining operations in 2022, accumulating 150 Bitcoin and establishing a path to 26 megawatts of owned mining capacity [2]. - The mining operations segment is currently profitable on an operating income basis, helping to offset public company overhead while contributing incremental Bitcoin to the treasury [2]. - The company plans to acquire an 11 MW mining site in Columbus, Mississippi, which is expected to enhance its low-cost mining capacity and vertically integrated approach [3]. Group 3: Company Background - LM Funding America, Inc. operates as a Bitcoin treasury, mining, and technology-based specialty finance company, founded in 2008 and based in Tampa, Florida [7].