---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-341362"
form_type: "8-K/A"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2026-08-10T12:33:18+00:00"
generated_at: "2026-08-10T12:35:07.381812+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PowerCompute refinances $18M debt with Arch Lending at ~2% APR, using 307 BTC collateral

## Summary
- Borrowed $18,127,131.88 on Aug 3, 2026 via non-recourse, collared 30-day rolling loan secured by 307 Bitcoin.
- Refinances three prior loans: $11M Galaxy Digital, $5M and $2M from SE and AJ Liebel (total ~$18M).
- Interest rate ~2% APR vs 12% on prior Liebel loans, substantially lowering cost of debt.
- Loan rolls over every 30 days with re-set rates/floors; proceeds paid off July 27 bridge loans.
- Company retains Bitcoin exposure and avoids selling holdings, supporting HPC/AI growth strategy.

## SEC filing metadata
- accession: 0001193125-26-341362
- form_type: 8-K/A
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2026-08-10T12:33:18+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03, 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000119312526341362/0001193125-26-341362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000119312526341362/lmfa-20260803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-341362
- JSON: https://secwatch.observer/filing/0001193125-26-341362.json
- Plain text: https://secwatch.observer/filing/0001193125-26-341362.txt

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