LM Funding America
Bitcoin Holdings
LM Funding America held bitcoin since December 31, 2022.
- BTC balance
- 155$16.60M
- Avg. cost / BTC
- N/A
- Profit / Loss
- N/A
Stock & Financials
LM Funding America is trading under the ticker LMFA.
- Share price
- $1.76
- Market cap
- $9.0M
- Enterprise value
- $14.00M
- NAV multiple
- 0.544
- BTC / Market cap
- 183.8%
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.
Recent Developments
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.
SourceMarch 31, 2024: LM Funding America added 9.8 BTC to its treasury, continuing its aggressive accumulation strategy.
SourceFebruary 29, 2024: The company significantly increased its Bitcoin holdings by 26.8 BTC, reflecting strong mining output and reinvestment.
SourceJanuary 31, 2024: An addition of 31.7 BTC marked one of the largest single-month increases for the company.
SourceJanuary 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.
LM Funding America — Bitcoin Holdings Over Time
Balance Sheet History
Click on each row for more details.
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- Date
- BTC Balance
- 54.9
- Cost Basis
- None provided
- Notes
- Investor presentation shows the actual amount of BTC held
- Annual report shows acquisition costs and impairment losses
- Submitted By:Â
- Date
- BTC Balance
- 83.6
- Cost Basis
- $2,031,252
- Notes
- Amount of BTC taken from Investor Presentation
- Cost basis is estimated based on:
- Carrying value of $1,751,914
- Plus impairment losses from 2022 of $79,784
- Plus impairment losses from Q12023 of $199,554
- Note on carrying value from Form 10-K:
Digital assets are measured on the consolidated balance sheet at cost, net of any impairment losses incurred since acquisition.
- Submitted By:Â
- Date
- BTC Balance
- 95.1
- Cost Basis
- None provided
- Sources
No links provided
- Submitted By:Â
- Date
- BTC Balance
- 126.8
- Cost Basis
- None provided
- Sources
No links provided
- Submitted By:Â
- Date
- BTC Balance
- 153.6
- Cost Basis
- None provided
- Sources
No links provided
- Submitted By:Â
- Date
- BTC Balance
- 163.4
- Cost Basis
- None provided
- Sources
No links provided
- Submitted By:Â
- Date
- BTC Balance
- 160.5
- Cost Basis
- None provided
- Sources
No links provided
- Submitted By:Â
- Date
- BTC Balance
- 148.7
- Cost Basis
- None provided
- Sources
- Submitted By:Â
- Date
- BTC Balance
- 155
- Cost Basis
- None provided
- Sources
- Submitted By:Â
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