Core Viewpoint - LM Funding America, Inc. has announced a share repurchase program to buy up to $1.5 million of its outstanding common stock, representing approximately 15% of its currently outstanding shares, following a recent private repurchase [1][2]. Group 1: Share Repurchase Program - The Board of Directors has authorized a share repurchase program for up to $1.5 million [1]. - This program aims to reduce dilution and increase asset value per share over time, reflecting confidence in the long-term value of the company's equity [2]. - The company has approximately 11,833,973 shares outstanding as of October 31, 2025, after the recent private repurchase [1][3]. Group 2: Bitcoin Holdings and Valuation - As of September 30, 2025, the company holds 304.5 BTC, which is valued at approximately $2.83 per share based on a Bitcoin price of $110,000 as of November 1, 2025 [3]. - The company's share price closed at $1.07 on October 31, 2025, indicating a significant difference between the market price and the estimated value derived from Bitcoin holdings [3]. Group 3: Company Overview - LM Funding America operates as a Bitcoin treasury and mining company, founded in 2008 and based in Tampa, Florida [4]. - The company also engages in a technology-enabled specialty finance business that provides funding to nonprofit community associations primarily in Florida [4].
LM Funding America Announces $1.5 Million Share Repurchase Program