Core Insights - LM Funding America, Inc. reported a preliminary, unaudited Bitcoin mining and operational update for December 2024, indicating a gain on fair value of mined Bitcoin of approximately 15.0 million based on a projected BTC price of $100,000 on January 15, 2025 [3] Mining Operations - Bitcoin mined in December 2024 was 37.3 Bitcoin, a significant increase from 7.0 Bitcoin in November 2024 [2] - Bitcoin sold in December 2024 was 18.0 Bitcoin, compared to 4.0 Bitcoin in November 2024 [2] - The company had approximately 5,950 miners deployed at the end of December 2024, up from 3,700 miners in previous months [2] Strategic Focus - The company emphasizes enhancing operational efficiency while strategically managing its Bitcoin assets, focusing on mining productivity and asset retention [4] - This strategy positions the company for sustained growth and resilience in the competitive cryptocurrency market [4] Company Overview - LM Funding America operates as a cryptocurrency mining and specialty finance company, founded in 2008 and based in Tampa, Florida [5]
LM Funding America, Inc.'s Bitcoin Holdings Valued at $15.0 Million in Monthly Update