₿$71,043.99▼ 2.55%
LM Funding America, Inc.
LMFA🇺🇸Equity
LM Funding America is a specialty finance and Bitcoin mining company based in Tampa, Florida, operating mining facilities in Oklahoma and Mississippi. The company actively accumulates BTC through mining operations and market purchases funded by equity offerings.
BTC Holdings
354.7 BTC
180d
Stock Price
$0.28
180d
Total financing
19.50M USD
180d
mNAV
0.18x
180d
Leverage
71.7%
180d
BTC Credit
461 bps1.4x
Sats/Share
2,195
180d
Mkt cap
4.52M USD
Shares
16.16M
Fiat reserve
1.42M USD
Total reserve
26.62M USD
Dilution
0.0%
Coverage
25.1 yr
BTC mix
0%
Analytics
BTC Coverage
Financials
US-GAAPAnnualAs of 2025-12-31
Balance Sheet
Total Assets$51.3M▲16.5%
Total Liabilities$22.4M▲157.8%
Stockholders' Equity$30.6M▼17.3%
Cash & Equivalents$1.4M
Total Debt$20.1M
Digital Assets$18.5M▲31.9%
Income Statement
Revenue$8.8M▼19.6%
Operating Income$-22.9M▼254.2%
Net Income$-26.9M▼268.0%
Interest Expense$1.1M▲153.5%
Cash Flow
Operating Cash Flow$-14M▼17.1%
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| LMFA-Aug26 | Aug '24 – Aug '26 | 12% | 5.00M USD | 5.00M USD | 7.0x |
| LMFA-Sep27 | Sep '25 – Sep '27 | 12% | 2.00M USD | 2.00M USD | 4.5x |
| LMFA-Mar26 | May '24 – Jun '26 | 11% | 1.50M USD | 1.50M USD | 1.4x |
| LMFA-Galaxy | Oct '25 – Jun '26 | 0% | 11.00M USD | 11.00M USD | 1.5x |
| Total | 19.50M USD | ||||
Recent Changes
Fri, Mar 27, 2026
Shares Outstanding
14.1M→16.2M+2.0M(+14.4%)
Prior to ATM offering
Form 424B5 ($75M ATM offering)Sat, Feb 28, 2026
BTC Holdings
364.1→354.7-9.4 BTC(-2.6%)
Form 8-K (February 2026 production update)
Sat, Jan 31, 2026
BTC Holdings
356.3→364.1+7.8 BTC(+2.2%)
Form 8-K (January 2026 production update)
Wed, Jan 7, 2026
BTC Holdings
211.4→356.3+144.9 BTC(+68.5%)
BTC Holdings Tracker
Wed, Dec 31, 2025
BTC Holdings
304.5→211.4-93.1 BTC(-30.6%)
Excludes ~$12.7M digital assets receivable (~145 BTC unsettled)
Form 10-K (2025)Shares Outstanding
15.5M→14.1M-1.4M(-9.0%)
Form 10-K (2025)
Fiat Reserve
291.6K→1.4M+1.1M(+388.5%)USD
Form 10-K (2025)
Thu, Oct 30, 2025
Debt OutstandingDrawLMFA-Galaxy
11.0M
Form 8-K (Galaxy Digital loan agreement)
Tue, Oct 21, 2025
Debt OutstandingDrawLMFA-Sep27
1.3M→2.0M+700.0K(+53.8%)
$700K second tranche funded
Form 8-K (Liebel second tranche $700K draw)