LM Funding America(US:LMFA) Newsfilterยท2025-04-09 12:00Core Viewpoint - LM Funding America, Inc. has provided a preliminary operational update for its Bitcoin mining activities, highlighting an increase in mined Bitcoin and a strategic focus on energy utilization to enhance operational efficiency [1][3]. Bitcoin Mining Metrics - In March 2025, the company mined a total of 8.7 Bitcoin, an increase from 8.1 Bitcoin in February 2025 and 8.0 Bitcoin in January 2025 [2]. - The company sold 14.2 Bitcoin in March 2025, with no purchases reported during this period [2]. - The Bitcoin holdings as of March 31, 2025, were valued at approximately $13.3 million, equating to $2.59 per share based on a Bitcoin price of approximately $83,000 [3]. Operational Efficiency - The company operates a total of 5,840 machines, with 5,121 machines operational and 719 in storage [2]. - The total hashrate remained consistent at 0.63 EH/s across the months reported [2]. - The company generated approximately $130,000 in power sales during the first quarter of 2025 by selling excess energy back to the grid, which supports its business model [3]. Company Overview - LM Funding America, Inc. is a Bitcoin mining and specialty finance company founded in 2008 and based in Tampa, Florida [4].