LM Funding America, Inc. (NASDAQ: LMFA) shares dwindled Tuesday. The company, a Bitcoin treasury and mining concern, today announced that it has successfully energized the second BC40 Elite immersion cooled Foghashing unit at its Oklahoma site. This unit, powering an additional 160 next-generation Bitmain S21 immersion miners, adds approximately 35 Petahash, bringing the Company’s total energized hashrate to an estimated 785 PH/s.
“We are now operating at our highest energized and most efficient levels to date, with approximately 785 PH/s of hashrate across about 24 MW of powered capacity,” said CEO Bruce M. Rodgers. “This reflects disciplined execution, conviction in Bitcoin’s long-term value, and our focus on cost-efficient growth across our mining operations.”
The Company estimates that the value of its 356.3 Bitcoin holdings on December 31, 2025, was approximately $34.4 million or $1.60 per share, based on a Bitcoin price of approximately $96,500 as of January 14, 2026 – compared to a common share price of $0.47 on January 14, 2026.
The Company was founded in 2008 and is based in Tampa.. The Company also operates a technology-enabled specialty finance business that provides funding to nonprofit community associations primarily in the State of Florida.
LMFA shares gave up a penny, or 3%, to 43 cents.
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