earnings
confidence high
sentiment negative
materiality 0.70
LM Funding Q1 2026 net loss $10.1M; record hashrate 790 PH/s, Bitcoin holdings 338.2
LM FUNDING AMERICA, INC.
- Revenue $2.1M, down 11% YoY; net loss $10.1M vs $5.4M loss in Q1 2025.
- Mined 26.1 Bitcoin in Q1 at avg price ~$75,700; record 9.6 BTC in March.
- Energized hashrate reached ~790 PH/s in March, highest in company history.
- Bitcoin holdings 338.2 as of March 31, 2026 (~$23.1M at $68,300/BTC).
- Extended Galaxy Digital facility maturity to June 26, 2026; cash $0.8M.
item 2.02item 9.01