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LM Funding America Announced Bitcoin Treasury Valued at $22.9 Million or $1.07 Per Share Which Shows a Discount to NAV

  • LM Funding America held approximately 341.2 BTC as of March 31, 2026, valued at roughly $22.9 million using a reference price of $67,300 per coin.
  • The company's market capitalization was approximately $4.9 million as of April 30, 2026, based on a share price of $0.227, representing a 78.8% discount to the Bitcoin net asset value.
  • March 2026 operational data showed a sequential increase in net Bitcoin mining output to 9.6 BTC, with hashrate rising to 0.79 EH/s, the highest in company history.
  • Management deployed an additional 300 Bitmain S19 XP miners at the Oklahoma facility to improve fleet efficiency & output, despite selling 23.1 BTC for liquidity needs.
  • The company extended the maturity of its $11 million Galaxy Digital loan to June 2026, maintaining leverage within its capital structure.
  • The deep discount to Bitcoin NAV is attributed to micro-cap risks, potential dilution, debt obligations, thin liquidity, & limited institutional ownership.
  • Future investment potential relies on Bitcoin price appreciation & a potential narrowing of the discount to NAV while the company continues to expand its mining operations.
  • LM Funding America Inc. operates through Specialty Finance & Bitcoin Mining Operations segments & was founded in 2008 with headquarters in Tampa, Florida.