Introduction to LM Funding America
LM Funding America, Inc. (NASDAQ: LMFA), a Bitcoin mining and technology-based specialty finance company, has announced its preliminary, unaudited Bitcoin mining and operational update for the month ended March 31, 2025. The company has been working on expanding its operations and increasing its efficiency within the cryptocurrency mining business.
Operational Update
The company’s operational update includes the next key metrics:
- Mined, net: 8.7 Bitcoin in March 2025, up from 8.1 in February 2025 and eight.0 in January 2025.
- Sold: 14.2 Bitcoin in March 2025, with no sales within the previous two months.
- Purchased: No Bitcoin were purchased within the last three months.
- Service Fee: 0.1 Bitcoin in March 2025, down from 0.5 in February 2025.
- Bitcoin HODL: 160.2 Bitcoin as of March 31, 2025, down from 165.8 in February 2025 and up from 158.2 in January 2025.
- Machines: The company has 5,840 machines in total, with 5,121 operational and 719 in storage.
- Hashrate: The company’s hashrate is 0.63 EH/s, with 0.43 EH/s from Oklahoma, 0.13 EH/s from hosted machines, and 0.07 EH/s from storage.
Business Model and Revenue Streams
The company’s business model is targeted on cryptocurrency mining and specialty finance. The company goals to take care of the strength of its balance sheet with diversified revenue streams, including the sale of excess energy back to the grid. This approach has generated roughly $130,000 in power sales for the primary quarter of the 12 months.
Upcoming Events
The company might be attending the next conferences and events:
- May 20, 2025: Benchmark Virtual Digital Asset Seminar
- May 28, 2025: Orange Group & Blockware Sell-side and Buy-side Conference in Las Vegas, Nevada
About LM Funding America
LM Funding America, Inc. operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is predicated in Tampa, Florida. For more information, please visit https://www.lmfunding.com.
Forward-Looking Statements
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words equivalent to “anticipate,” “imagine,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to indicate forward-looking statements. Forward-looking statements should not guarantees of future results and conditions but moderately are subject to varied risks and uncertainties.
Conclusion
In conclusion, LM Funding America, Inc. has announced its preliminary, unaudited Bitcoin mining and operational update for the month ended March 31, 2025. The company has been working on expanding its operations and increasing its efficiency within the cryptocurrency mining business. With a robust balance sheet and diversified revenue streams, the corporate is well-positioned for future growth and success. The company’s upcoming events and conferences will provide opportunities for investors and stakeholders to learn more concerning the company’s operations and plans for the long run.
