LM Funding America (NASDAQ: LMFA) Announces Fourth Quarter and Full Year 2024 Earnings Call for March 31, 2025
LMFA focuses exclusively on mining Bitcoin, the largest and most widely adopted cryptocurrency, using energy-intensive equipment optimized for proof-of-work computations. This strategic decision prioritizes Bitcoin’s dominance in market capitalization, liquidity, and institutional acceptance over alternatives like Ethereum or Litecoin. By avoiding diversification into other coins, LMFA underscores its commitment to the most stable and widely recognized asset in the cryptocurrency space.
The profitability of mining operations depends heavily on Bitcoin prices. For LMFA, the breakeven price is estimated at around $60,000 per Bitcoin. During the bear market of 2022-2023, when Bitcoin often traded below this level, LMFA’s mining operations ran at a loss. However, as Bitcoin’s price surged past $102,000, the company’s operations likely turned profitable, positioning it to benefit significantly from the ongoing bull market.
LM Funding will publish its fourth quarter and full year 2024 results as well as an accompanying investor presentation the morning of March 31, 2025, before the call. A copy of the earnings release and investor presentation will be available on the Company’s Investor Relations website at https://www.lmfunding.com/investors.
Conference Call Details:
- Date: March 31, 2025
- Time: 8:00 AM EST
- Participant Call Links: Link
About LM Funding America
LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.