LM Funding America Inc. generated revenue from energy sales while increasing Bitcoin Treasury
LM Funding America announced its preliminary, unaudited bitcoin (BTC-USD) mining and operational update for June. The company reported that it mined 8.7 bitcoin and sold 13.1 bitcoin during the month. As of June 30, LM Funding held a total of 318.3 bitcoin in its treasury, valued at approximately $18.6M. Additionally, the company generated approximately $30,000 in curtailment and energy-sales revenue in June. “June delivered monthly production of 8.7 Bitcoin reflecting higher temperatures during the month which effected efficiencies,” said Bruce Rodgers, chairman and CEO of LM Funding.
26 Megawatts. Fifteen Months. Built From Scratch.
LM Funding built its power infrastructure from zero to 26 wholly owned megawatts in approximately fifteen months. The Company acquired and developed its Oklahoma facility in December 2024 and then in September 2025 acquired an underutilized facility from Greenidge Generation in Columbus, Mississippi — a site the Company has since expanded and optimized. Both facilities are operated entirely under LM Funding’s control, with power costs averaging approximately $0.046 per kilowatt-hour, which the Company believes is among the most competitive in the sector.
About LM Funding America Inc.
LM Funding America, Inc. operates as a cryptocurrency mining and specialty finance company. It operates through two segments, Specialty Finance and Bitcoin Mining Operations. The company also engages in Bitcoin mining operations; and provides funding to nonprofit community associations. LM Funding America, Inc. was founded in 2008 and is based in Tampa, Florida.
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