1. LMFA energized its first BC40 Elite mining unit in Oklahoma. 2. The first unit boosts LMFA's hashrate by 35 PH/s. 3. Total energized hashrate expected to reach 780 PH/s by year-end. 4. Company values its Bitcoin holdings at approximately $27.5 million. 5. Positive long-term outlook on Bitcoin's value emphasized by leadership.
FAQ
Why Bullish?
The successful expansion and increased hashrate indicate strong growth potential. Historical examples, like Bitcoin price rallies following increased mining capacity, support bullish sentiment.
How important is it?
Expansion of mining capacity significantly enhances LMFA's market position and revenue potential, making it highly relevant.
Why Short Term?
The immediate impact of increased mining capacity will be felt short-term, especially if Bitcoin prices rise. Market reactions to operational successes often manifest within weeks or months.
LM Funding America Energizes First Oklahoma Immersion Unit, Increasing Hashrate
TAMPA, Fla., Dec. 18, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA), a prominent player in the Bitcoin treasury and mining sector, has successfully energized its first BC40 Elite immersion-cooled Foghashing unit at its facility in Oklahoma. This significant achievement marks the installation of the first of two planned units, which together will power a total of 320 next-generation Bitmain S21 immersion miners, contributing approximately 35 Petahash (PH/s) to the Company’s overall hashrate.
Expansion in Oklahoma and Future Prospects
Ryan Duran, President of U.S. Digital Mining, expressed enthusiasm over this milestone: “We are excited to achieve this initial milestone in our Oklahoma expansion. We expect the second BC40 Elite Foghashing unit — supporting an additional 160 Bitmain S21 immersion miners — to be installed later this month, contingent upon specific installation targets.”
Projected Growth and Hashrate Increase
With this expansion, LM Funding anticipates reaching an estimated total energized hashrate of approximately 780 PH/s across its facilities by the end of 2025. This forecast represents a remarkable 75% increase compared to its year-end figures for 2024. Bruce M. Rodgers, Chairman and CEO of LM Funding, stated, “We continue to have a positive outlook on the long-term prospect of the value of Bitcoin and remain focused on disciplined, strategy-aligned growth.”
Bitcoin Holdings and Financial Overview
The Company estimates the value of its 301.8 Bitcoin holdings as of November 30, 2025, at approximately $27.5 million, equating to about $2.251 per share, based on a Bitcoin price of roughly $91,100 on the same date. This reflects LMFA’s strategic focus on enhancing its financial position through prudent Bitcoin management.
About LM Funding America
Founded in 2008 and headquartered in Tampa, Florida, LM Funding America, Inc. operates in the Bitcoin treasury and mining sectors and also runs a technology-enabled specialty finance business that provides funding to nonprofit community associations primarily in Florida. To learn more, visit LM Funding's website.
Forward-Looking Statements
This press release may contain forward-looking statements in accordance with the Private Securities Litigation Reform Act of 1995. Terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and similar expressions indicate forward-looking statements. These declarations do not guarantee future results and are subject to various risks and uncertainties detailed in the Company's Annual Report on Form 10-K and other filings with the SEC available at www.sec.gov.
Investor and Media Inquiries
For further inquiries, please contact:
- Investor Relations
- Orange Group
- Yujia Zhai
- LMFundingIR@orangegroupadvisors.com
As reflected, the Bitcoin treasury is calculated using 301.8 Bitcoin held as of 11/30/2025 and a Bitcoin price of approximately $91,100, with Bitcoin per share calculated based on the 12,209,413 shares outstanding as of 11/30/2025.