*Unaudited + approximately 370 machines are in transit to new hosting site Five Months May 31, 2024 Bitcoin Beginning Balance 95.1 126.8 153.6 163.4 155.1 95.1 Bitcoin Mined, net 31.7 26.8 27.9 24.7 14.0 125.1 Bitcoin Sold - - (18.0) (33.0) (6.0) (57.0) Service Fee - - (0.1) - - (0.1) Bitcoin Holdings 126.8 153.6 163.4 155.1 163.1 163.1 TAMPA, FL, June 10, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty f ...

Bruce Rodgers, Chief Executive Officer of LM Funding, commented, "We look forward to working with Arthur Mining to advance development of the new 15 MW hosting site, as well as the potential new 60 MW site. We believe these sites would provide us with cost-effective, short and long-term solutions to host our S19J Pros, allowing us to rapidly scale our cryptocurrency mining capabilities. Partnering with Arthur Mining enables us to reap the benefits of vertical integration, while remaining focused on our core ...

About LM Funding America 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 guaranties of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainti ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

LM Funding America, Inc. (LMFA) came out with a quarterly loss of $0.84 per share versus the Zacks Consensus Estimate of a loss of $0.57. This compares to loss of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -47.37%. A quarter ago, it was expected that this company would post a loss of $1.20 per share when it actually produced a loss of $0.67, delivering a surprise of 44.17%. Over the last four quarters, the company ...

Mined 86.4 Bitcoins in Q1 2024 Valued at Approximately $4.6 Million at an Average Market Revenue Value of Approximately $53,000 per Bitcoin Held 163.4 Bitcoin at March 31, 2024, Valued at Approximately $11.7 Million Based on Bitcoin Price of $71,300 Reports Working Capital of Approximately $12.7 Million and LM Funding Stockholders' Equity of $38.5 Million ($15.43 per share) as of March 31, 2024 Conference Call to Be Held Today at 11:00 am ET TAMPA, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- LM Funding America, ...

UNITEDSTATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37605 LM FUNDING AMERICA, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporati ...

TAMPA, FL, May 13, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Thursday, May 16, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended March 31, 2024, and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528- ...

TAMPA, FL, May 09, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today provided a preliminary, unaudited Bitcoin mining update for the month ended April 30, 2024.  Metrics * One Month January 31, 2024 One Month February 29, 2024 One Month March 31, 2024 One Month April 30, 2024Four Months April 30, 2024Bitcoin Beginning Balance95.1126.8153.6163.495.1Bitcoin Mined, net31.726.827.924.7111 ...

TAMPA, FL, April 30, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced the appointment of Marty Traber to the Company's Board of Directors. Mr. Traber, who previously served as a director for the Company from 2015-2021, replaces Todd Zhang, who is retiring from the board. Mr. Traber is currently the Chairman of the Skyway Capital Markets Group, where he oversees the organiz ...