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LM Funding America reports April bitcoin mining output of 9.4 BTC

May 11, 2026 8:30 AM

LM Funding America Inc. (NASDAQ: LMFA) reported mining 9.4 Bitcoin in April 2026, compared to 9.6 Bitcoin in March, according to preliminary unaudited results released May 11.



The company held 334.0 Bitcoin as of April 30, valued at $25.3 million based on a Bitcoin price of approximately $75,800. This represents $1.18 per share based on 21,455,892 diluted shares outstanding.



LM Funding sold 13.5 Bitcoin in April, down from 26.2 Bitcoin sold in March. The company made no Bitcoin purchases during either month.



The company operates 7,508 mining machines across facilities in Oklahoma and Mississippi, unchanged from March. The Oklahoma facility houses 4,636 machines with 0.56 EH/s hashrate, while the Mississippi facility operates 2,368 machines with 0.23 EH/s hashrate. An additional 504 machines remain in storage.



"April marked a steady continuation of the operational profile we established in March, with production of 9.4 Bitcoin representing a slight sequential increase on a per-day basis," said Bruce Rodgers, chairman and chief executive officer.



The company's total energized hashrate remained at 0.79 EH/s during both months. LM Funding's Bitcoin holdings include 174 BTC held by Galaxy for a loan facility.



LM Funding operates as a Bitcoin treasury and mining company and also provides specialty finance services to nonprofit community associations primarily in Florida. The company was founded in 2008 and is based in Tampa, Florida.

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