LM Funding America

🇺🇸United States
LMFA
Holding bitcoin since Dec 31, 2022
Website@lmfunding

BTC Holdings

155

Share Price
$2.18

Current trading price per share

Market Cap
$11.4M

Total market capitalization

Enterprise Value
$19.6M

Market cap plus debt minus cash

NAV Multiple
0.615

Net Asset Value multiplier

BTC / Market Cap
162.6%

Bitcoin holdings as % of market cap

About LM Funding America
LM Funding America (NASDAQ: LMFA) is a publicly traded company based in the United States, originally established as a specialty finance firm. In recent years, LM Funding America has undergone a strategic transformation, pivoting toward the Bitcoin mining sector as part of its broader commitment to digital assets. This shift has positioned the company as a notable player among U.S.-listed firms with direct Bitcoin exposure.
The company’s business model now centers on vertically integrated Bitcoin mining operations. By acquiring and operating its own mining infrastructure—including a 15-megawatt facility in Oklahoma—LM Funding America has gained greater control over its operational costs and efficiency. This approach not only reduces reliance on third-party hosting but also allows the company to optimize energy usage and maximize Bitcoin production. The company’s investment thesis is rooted in the belief that Bitcoin represents a compelling long-term store of value and a strategic asset for corporate treasuries.
LM Funding America’s aggressive accumulation of Bitcoin has set it apart from many of its peers. The company’s holdings have surged over 300% in 2024, reaching a reported value of $14 million by the end of the year. This rapid growth underscores LM Funding America’s commitment to expanding its Bitcoin reserves and leveraging the potential upside of the digital asset market, even amid industry volatility and operational challenges. As a result, LM Funding America has solidified its position as a significant Bitcoin-holding public company in the United States, attracting attention from both investors and industry observers for its bold strategy and execution.
LM Funding America’s Bitcoin treasury activity in 2024 and early 2025 has been dynamic, reflecting both accumulation and strategic management of its digital assets:
June 30, 2024: The company reported the removal of 2.9 BTC from its holdings, as detailed in its monthly operational and mining update.Source
March 31, 2024: LM Funding America added 9.8 BTC to its treasury, continuing its aggressive accumulation strategy.Source
February 29, 2024: The company significantly increased its Bitcoin holdings by 26.8 BTC, reflecting strong mining output and reinvestment.Source
January 31, 2024: An addition of 31.7 BTC marked one of the largest single-month increases for the company.Source
January 18, 2024: LM Funding America announced the addition of 11.5 BTC to its treasury, kicking off a year of rapid growth in Bitcoin reserves.Source
Further highlighting its strategic progress, LM Funding America’s transition to a vertically integrated mining model has led to improved operational efficiencies and reduced energy costs. The company’s Bitcoin holdings surged over 300% to $14 million in 2024, underscoring its commitment to building a robust digital asset treasury and its belief in Bitcoin’s long-term value proposition tipranks.com.
As of the latest updates, LM Funding America remains a prominent example of a U.S. public company leveraging Bitcoin as a core treasury asset, with a clear focus on operational excellence and strategic growth in the digital asset space.

Recent Developments

  • Jun 11, 2025: Bitcoin holdings increased by 6.30 BTC to 155 BTC (BTC @ $110.3K), stock price $1.89
  • Apr 30, 2025: Bitcoin holdings decreased by 11.80 BTC to 148.7 BTC (BTC @ $94.3K), stock price $1.53
  • Jun 30, 2024: Bitcoin holdings decreased by 2.90 BTC to 160.5 BTC (BTC @ $61.5K), stock price $4.05
  • Mar 31, 2024: Bitcoin holdings increased by 9.80 BTC to 163.4 BTC (BTC @ $70.5K), stock price $3.66
  • Feb 29, 2024: Bitcoin holdings increased by 26.80 BTC to 153.6 BTC (BTC @ $62.1K), stock price $3.24
LM Funding America — Bitcoin Holdings Over Time
December 31, 2022 - Present
Loading holdings data...
LM Funding America — Stock vs BTC Dynamics
December 31, 2022 - Present
Loading stock data...
Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Jun 11, 2025
â‚¿155
6.3
—$110,300$1.89
Apr 30, 2025
â‚¿148.7
-11.8
—$94,271$1.53
Jun 30, 2024
â‚¿160.5
-2.9
—$61,468$4.05
Mar 31, 2024
â‚¿163.4
9.8
—$70,525$3.66
Feb 29, 2024
â‚¿153.6
26.8
—$62,077$3.24
Jan 31, 2024
â‚¿126.8
31.7
—$42,930$3.16
Jan 18, 2024
â‚¿95.1
11.5
—$42,250$3.05
Mar 31, 2023
â‚¿83.6
28.7
$2M$28,041$4.46
Dec 31, 2022
â‚¿54.9
54.9
—$16,604$3.31