Other DebtActive
Galaxy Digital Master Loan Facility
LMFA-Galaxy
BTC Holdings
354.7 BTC
Total Debt
$19.50M
Leverage
71.7%
mNAV
0.18x
Outstanding
$11.00M
Issue date
2025-10-29
Principal
$11.00M
Coupon
0.00%
Maturity
2026-06-26
Conversion price
—
- Rolling short-term loans under master agreement; $11M draw refinanced Oct 2025, Jan 2026, Feb 2026 (current maturity Apr 24 2026)
- Master agreement has 1-year initial term with auto-renewal
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Secured (first-priority security interest in BTC collateral)
- Facility type
- Other
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Collateral
- BTC-collateralized; first-priority security interest in Bitcoin collateral per individual loan term sheet
Sources(2)
- Form 8-K (Galaxy Digital …FilingForm 8-K (Galaxy Digital loan agreement)Item 1.01LM Funding America, Inc. — 2025-10-31
- Form 8-K (Galaxy loan ext…FilingForm 8-K (Galaxy loan extension to Jun 2026)Item 2.03Jun 26, 2026 maturityLM Funding America, Inc. — 2026-04-09
Outstanding History
Outstanding history(3)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2026-04-06 | Draw | $11.00M Refinance: new $11M loan; proceeds repaid prior $11M loan. Extends maturity Apr 24 → Jun 26, 2026. | Form 8-K (Galaxy loan ext… |
| 2025-10-30 | Draw | $11.00M | Form 8-K (Galaxy Digital … |
| 2025-10-29 | Issuance | $11.00M |
- 2026-04-06 — $11,000,000Item 2.03 — filing — LM Funding America, Inc.Source
- 2025-10-30 — $11,000,000Item 1.01 — filing — LM Funding America, Inc.Source
- 2025-10-29 — $11,000,000