secwatch.observer — SEC 8-K summary
======================================

Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0000950170-25-068608
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LM Funding mined 6.6 Bitcoin in April, down from 8.7 in March; HODL 148.7 BTC valued at $14.1M
--------------------------------------------------------------------------------

- April net Bitcoin mined 6.6 (vs 8.7 in March, 7.6 in Feb); sold 18.0 Bitcoin during month.
- 148.7 BTC held as of April 30 valued at ~$14.1M ($2.75/share) vs stock price $1.49.
- Relocating 800 machines to Oklahoma site; ordered two 1 MW immersion containers for 2 MW expansion.
- Oklahoma site generated ~$120k in power sales offsetting mining costs; sold recently acquired S21+ miners to recover investment.
- Company plans to complete 2 MW expansion by end of Q3 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000095017025068608/0000950170-25-068608-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000095017025068608/lmfa-20250512.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-068608

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer