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GlobeNewswire·

LM Funding America Announces February 2026 Production and Operational Update

  • LM Funding America announced a Bitcoin treasury of 354.7 BTC valued at $23.8 million as of February 28, 2026.
  • The company mined a net 8.7 BTC in February 2026, its highest production month since operations launched.
  • LM Funding sold 18.1 BTC in February while purchasing none, resulting in a net decrease from January's 364.1 BTC holdings.
  • Total mining machines increased to 7,513 from 7,351, with 300 new Bitmain S21 XP miners deployed at the Oklahoma facility.
  • Total hashrate rose to 0.78 EH/s from 0.77 EH/s, driven by fleet upgrades in Oklahoma.
  • The company renegotiated its $11 million Galaxy Digital Loan, extending the maturity date to April 24, 2026.
  • Bitcoin per share was calculated at $1.11 based on a Bitcoin price of approximately $67,000 and 21.46 million diluted shares outstanding.
  • The company's stock price closed at $0.40 on March 2, 2026, below the calculated Bitcoin-backed per-share value.