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Landon Capital's Analyst Reiterates a Buy Rating on LM Funding America Inc.

  • Landon Capital analyst Mohammed Saqib initiated a Buy rating on LM Funding America Inc. (LMFA) on June 2, 2026.
  • As of March 31, 2026, LMFA held 338.2 BTC valued at $23.1 million ($1.06 per diluted share), with holdings including 164.2 BTC directly held & 174 BTC pledged as collateral to Galaxy Digital.
  • Due to Bitcoin price recovery, the treasury value rose to $27.3 million ($1.27 per diluted share) as of May 11, 2026, exceeding the company's market capitalization.
  • Mining & Treasury Operations constitute ~94% of total revenue, utilizing 7,500 machines across Oklahoma & Mississippi sites to generate 851 PH/s hashrate.
  • LMFA produced 9.6 BTC in March 2026, marking the highest monthly output in company history.
  • The Specialty Finance Segment contributed $131K in Q1 2026 revenue, serving Florida nonprofit community associations via the New Neighbor Guaranty program.
  • LMFA was founded in 2008 & is based in Tampa, Florida, operating through its two primary business segments.