---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-109941"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2025-08-19T23:59:59+00:00"
generated_at: "2026-05-17T11:28:16.476391+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LM Funding America raises $23M via PIPE and direct offering to buy Bitcoin

## Summary
- Closed $10.4M PIPE and priced $12.6M registered direct offering; combined gross proceeds ~$23M.
- Net proceeds primarily to purchase additional Bitcoin for corporate treasury.
- Company holds 150 Bitcoin; path to 26 MW owned mining capacity.
- Recently announced planned acquisition of 11 MW mining site from Greenidge Generation.
- Bitcoin mining operations profitable on operating income basis, contributing incremental Bitcoin.

## SEC filing metadata
- accession: 0000950170-25-109941
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2025-08-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000095017025109941/0000950170-25-109941-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000095017025109941/lmfa-20250818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-109941
- JSON: https://secwatch.observer/filing/0000950170-25-109941.json
- Plain text: https://secwatch.observer/filing/0000950170-25-109941.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.