LM Funding America reports March Bitcoin mining gains

LM Funding America Inc. (NASDAQ: LMFA) mined 9.6 Bitcoin in March 2026, an increase from 8.7 Bitcoin in February, according to the company's operational update released April 13.

The Bitcoin treasury and mining company sold 23.1 Bitcoin in March compared to 18.1 Bitcoin the previous month. The company's Bitcoin holdings decreased to 341.2 Bitcoin at the end of March from 354.7 Bitcoin in February.

LM Funding maintained 7,513 mining machines across its Oklahoma and Mississippi facilities, with no changes from February. The company's total energized hashrate reached 0.79 exahashes per second in March, up from 0.78 in February.

The company extended its $11 million Galaxy Digital loan maturity date to June 26, 2026, according to Chief Financial Officer Richard Russell. The loan facility includes 174 Bitcoin held by Galaxy.

LM Funding estimated its Bitcoin holdings were worth approximately $22.9 million at March 31, based on a Bitcoin price of $67,300. This represented $1.071 per share value compared to the company's stock price of $0.25 at March 31 close.

The company deployed 300 Bitmain S19 XP miners at its Oklahoma facility, contributing to the hashrate increase. Oklahoma operations generated 0.56 exahashes per second, while Mississippi operations produced 0.23 exahashes per second.

LM Funding operates mining facilities in Oklahoma and Mississippi, along with a specialty finance business serving nonprofit community associations in Florida.

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