₿$73,411.44▼ 0.19%
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
334 BTC
180d
Stock PriceUpdated 12h ago
$0.26▲ 4.20%
180d
Total financing
19.50M USD
180d
mNAV
0.49x▲ 4.40%
180d
Leverage
76.3%
180d
BTC Risk
2.10%1.3x
Sats/Share
725
180d
Mkt capFD
12.11M USD
SharesFD
46.04M
Fiat reserve
801.20K USD
Total reserve
25.32M USD
Dilution
165.3%
Coverage
24.4 yr
BTC mix
0%
Analytics
BTC Coverage
FinancialsUnverified
US-GAAPQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets$41.8M▼30.6%
Total Liabilities$22.7M▲92.9%
Stockholders' Equity$20.8M▼58.5%
Cash & Equivalents$801.2K
Total Debt$19.6M
Digital Assets$11.2M
Income Statement
Revenue$2.1M▼3.2%
Operating Income$-6.4M▼82.9%
Net Income$-10.1M▼171.3%
Interest Expense$545.2K▲131.7%
Cash Flow
Operating Cash Flow$-3.3M▲62.5%
ATM Programs
Common
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| LMFA-Aug26 | Aug '24 – Aug '26 | 12% | 5.00M USD | 5.00M USD | 5.8x |
| LMFA-Sep27 | Sep '25 – Sep '27 | 12% | 2.00M USD | 2.00M USD | 4.0x |
| LMFA-Mar26 | May '24 – Jun '26 | 11% | 1.50M USD | 1.50M USD | 1.3x |
| LMFA-Galaxy | Oct '25 – Aug '26 | 0% | 11.00M USD | 11.00M USD | 1.4x |
| Total | 19.50M USD | ||||
Recent Changes
Mon, May 11, 2026
Shares Outstanding
16.2M→17.4M+1.2M(+7.4%)
Reflects 74,389 shares from ATM (Apr 14-22) and 1,120,000 pre-funded warrant exercises in May
Form 10-Q (Q1 2026)Thu, Apr 30, 2026
BTC Holdings
338.1→334-4.1 BTC(-1.2%)
Includes 174 BTC held by Galaxy for loan facility
Form 8-K (April 2026 production update)Wed, Apr 22, 2026
ATM Activity2026-04-14 – 2026-04-22
74.4K shares
$21,500 net sales proceeds at $0.29-$0.303/share
Form 10-Q (Q1 2026)Tue, Mar 31, 2026
BTC Holdings
354.7→338.1-16.6 BTC(-4.7%)
Includes 174 BTC held by Galaxy for loan facility; restated from preliminary 341.2 in prior 8-K
Form 8-K (April 2026 production update)Fiat Reserve
1.4M→801.2K-623.2K(-43.8%)USD
Form 10-Q (Q1 2026)
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)
Debt Outstandingexerciselm-funding-america-warrant-dec-2025
7.3M→5.3M-2.0M(-27.7%)
Form 10-K (2025)
Sat, Jan 31, 2026
BTC Holdings
211.4→364.1+152.7 BTC(+72.2%)
Form 8-K (January 2026 production update)
Wed, Dec 31, 2025
BTC Holdings
304.5→356.3+51.8 BTC(+17.0%)
Total HODL (211.4 controlled per 10-K row 1730 + 145 BTC held by Galaxy as loan collateral and presented as receivable)
Form 8-K (December 2025 production update)BTC Holdings
356.3→211.4-144.9 BTC(-40.7%)
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)
Mon, Dec 22, 2025
Debt OutstandingIssuancelm-funding-america-warrant-dec-2025
7.3M
8-K — LM Funding America December 2025 Registered Direct Offering
Debt OutstandingIssuancelm-funding-america-warrant-dec-2025b
9.2M
8-K — LM Funding America December 2025 Registered Direct Offering