LM Funding America(US:LMFA) Globenewswire·2026-03-04 13:00Core Insights - LM Funding America, Inc. reported a significant increase in Bitcoin production for February 2026, marking it as the highest production month since the launch of its mining operations [3] Financial Performance - As of February 28, 2026, the company held 354.7 BTC valued at approximately $23.8 million, translating to about $1.11 per share based on a Bitcoin price of around $67,000 [3][7] - The company mined a total of 8.7 BTC in February 2026, an increase from 7.8 BTC in January 2026 [2] - The company sold 18.1 BTC in February 2026, with no purchases reported during the month [2] Operational Metrics - The total number of mining machines increased from 7,351 in January 2026 to 7,513 in February 2026 [2] - The hashrate for the Oklahoma facility improved slightly from 0.54 EH/s to 0.55 EH/s, while the Mississippi facility maintained a hashrate of 0.23 EH/s [2] Strategic Developments - The company deployed approximately 300 Bitmain S21 XP miners at its Oklahoma facility, enhancing overall efficiency and uptime [3] - LM Funding renegotiated its $11 million loan with Galaxy Digital, extending the maturity date to April 24, 2026, providing more flexibility in managing its financial obligations [3]