LM Funding America (NASDAQ: LMFA) Announces Bitcoin treasury valued at $16.7 million or $3.25 per share, Energy sales up $216,00 for the quarter
LM Funding America, Inc. (NASDAQ: LMFA) a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended June 30, 2025.
Bruce Rodgers, Chairman and CEO of LM Funding, commented “The reduction in Bitcoin mined in June is the result of our strategic curtailment approach during peak summer months. High temperatures in Oklahoma triggered financial incentives to curtail mining operations leading us to prioritize energy sales over Bitcoin production. Estimated curtailment and energy sales for June 2025 were approximately $55,000 or approximately $216,000 for the second quarter of 2025.”