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LM Funding America Announces January 2025 Production and Operational Update
LMFALM Funding America(LMFA) GlobeNewswire·2025-02-11 13:00

Core Insights - LM Funding America, Inc. has reported a significant operational update for January 2025, highlighting the full operational status of its 15 MW mining site in Oklahoma and an increase in Bitcoin holdings valued at approximately 16.1millionasofJanuary31,2025[1][3].Group1:OperationalMetrics−Thecompanymined8.0BitcoininJanuary2025,anincreasefrom7.0BitcoininDecember2024[2].−Thetotalnumberofoperationalmachinesincreasedfrom3,681inDecember2024to5,121inJanuary2025[2].−ThehashrateattheOklahomasiteincreasedfrom0.29EH/sinDecember2024to0.43EH/sinJanuary2025[2].Group2:FinancialPerformance−Thevalueofthecompany′sBitcoinholdingsrosefrom150.2BitcoininDecember2024to158.2BitcoininJanuary2025,reflectingastrongaccumulationstrategy[2][3].−Theestimatedvalueofthe158.2Bitcoinholdingswasapproximately16.1 million as of January 31, 2025 [1][3]. Group 1: Operational Metrics - The company mined 8.0 Bitcoin in January 2025, an increase from 7.0 Bitcoin in December 2024 [2]. - The total number of operational machines increased from 3,681 in December 2024 to 5,121 in January 2025 [2]. - The hashrate at the Oklahoma site increased from 0.29 EH/s in December 2024 to 0.43 EH/s in January 2025 [2]. Group 2: Financial Performance - The value of the company's Bitcoin holdings rose from 150.2 Bitcoin in December 2024 to 158.2 Bitcoin in January 2025, reflecting a strong accumulation strategy [2][3]. - The estimated value of the 158.2 Bitcoin holdings was approximately 16.1 million, based on a Bitcoin price of around $102,000 as of January 31, 2025 [3]. Group 3: Strategic Outlook - The company aims to pursue additional low-cost energy sites and strategic mergers and acquisitions to enhance its growth trajectory [3]. - LM Funding is focusing on acquiring green field and brown field power assets in the 5 to 20 MW range, which are typically overlooked by larger operators [3].