---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-374752"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2026-08-28T21:18:19+00:00"
generated_at: "2026-08-28T21:20:42.038026+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PowerCompute unit secures $21.89M Bitcoin-backed loan from Arch Lending to refinance prior debt

## Summary
- New Collar Loan: $21,892,131.88 principal, 6.5% APR, secured by 307 BTC; floor $71,112, ceiling $75,000, barrier $93,500.
- Proceeds: ~$18.1M repaid Aug 3 Arch loan; $3.765M funded collar feature of that loan.
- Loan auto-rolls every 30 days; rates/floors reset to market; 8-K says non-recourse, but agreement states full recourse.
- Repayment: monthly interest-only payments of $118,582.38 beginning 09/24/26; balloon of $21,892,131.88 due 07/24/27.

## SEC filing metadata
- accession: 0001193125-26-374752
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2026-08-28T21:18:19+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000119312526374752/0001193125-26-374752-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000119312526374752/lmfa-20260825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-374752
- JSON: https://secwatch.observer/filing/0001193125-26-374752.json
- Plain text: https://secwatch.observer/filing/0001193125-26-374752.txt

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