Martin Traber
On April 29, 2024, the Board appointed Martin Traber, effective immediately, to serve as a director to fill the vacancy resulting from Mr. Zhang’s resignation.
Highest-materiality recent filing
LM Funding announces 1-for-25 reverse stock split effective July 13 to regain Nasdaq compliance
Reverse stock split at 1:25 ratio, effective 12:01 a.m. ET on July 13, 2026; trading begins split-adjusted same day.
Ordered initial NVIDIA GPU hardware for Oklahoma facility; marketing up to 10 MW of available power to AI customers.
LM Funding stockholders approve reverse stock split and warrant issuance at annual meeting
Approved reverse stock split at ratio of 1:5 to 1:25, with exact ratio to be set by board (7,335,079 for, 1,695,929 against).
LM Funding Q1 2026 net loss $10.1M; record hashrate 790 PH/s, Bitcoin holdings 338.2
Revenue $2.1M, down 11% YoY; net loss $10.1M vs $5.4M loss in Q1 2025.
LM Funding Q4 2025 net loss $17.9M, revenue $2.4M (+19% YoY)
Q4 revenue $2.4M, up 8.7% sequential and 19.2% YoY; net loss $17.9M vs net income $1.0M in Q4 2024.
LM Funding signs $75M at-the-market equity offering agreement with Maxim Group
Up to $75M of common stock may be sold from time to time through Maxim Group as sales agent.
LM Funding mined 8.7 BTC in Feb (highest monthly); HODL 354.7 BTC; extended Galaxy loan to Apr 24
Net Bitcoin mined 8.7 in Feb vs 7.8 in Jan; sold 18.1 BTC during month.
LM Funding reports Jan Bitcoin production of 7.8 BTC; holdings 364.1 BTC worth $29.1M
Bitcoin holdings of 364.1 BTC at Jan 31, 2026, valued at ~$29.1M or $1.36 per share.
LM Funding receives Nasdaq delisting notice for bid price below $1.00 for 35 days
Received Nasdaq letter on Jan 7, 2026, for non-compliance with minimum bid price rule (closing bid below $1.00 for 35 consecutive days).
LM Funding mined record 7.5 Bitcoin in Dec; holds 356.3 BTC valued at $31.4M
Mined 7.5 net Bitcoin in December 2025 (company record); total HODL 356.3 BTC valued at ~$31.4M ($1.46/share).
LM Funding America reduces warrant exercise price from $0.97 to $0.48 for 16.7M warrants
Exercise price of 16,670,623 common stock warrants reduced from $0.97 to $0.48 per share.
LM Funding America prices $6.5M registered direct offering at $0.71/unit
Combined effective price $0.71 per share (or pre-funded warrant in lieu) plus one common warrant.
LMFA closes acquisition of Greenidge Mississippi assets; acquired ops lost $1.1M in 2024
Transaction closed September 16, 2025; acquired ~6.4-acre property and 2,330 Bitcoin miners.
LM Funding Q3 revenue up 74% YoY to $2.2M; mining margin 49%; holds 304.5 BTC
Revenue $2.2M (+73.5% YoY, +13% seq); net loss $3.7M vs $4.3M prior year.
LMFA reduces exercise price of two warrant series to $0.97; share count increases to 15.5M
August 2025 warrants exercise price cut to $0.97; total shares issuable rises to 15,516,850.
October net Bitcoin production of 7.5, a 27% increase from September's 5.9.
LM Funding repurchases 3.3M shares/warrants for ~$8M; borrows $11M from Galaxy Digital
Repurchased 3,308,575 shares and associated warrants (adjusted to 7,248,787 warrant shares) for ~$8M from Aug 2025 private placement investors.
LM Funding awards 352k options at $1.14 and $1.3M cash bonuses to three executives
Granted 176,100 options to Bruce Rodgers, 114,500 to CFO Richard Russell, 61,700 to Ryan Duran; exercise $1.14, 10-yr term, half vest each anniversary.
LM Funding closes $4M acquisition of 11 MW Mississippi Bitcoin mining site at $0.036/kWh
Acquired 11 MW facility from Greenidge for $4.0M total including ~2,300 S19 miners (157 PH/s).
LM Funding doubles Bitcoin treasury to 311.2 BTC in August; purchased 164 Bitcoin after financing
Bitcoin mined net 5.8 (down from 5.9); sold 9 to fund Mississippi acquisition escrow and working capital.
LMFA warrant exercise price reduced to $1.10; share count more than doubles
Exercise price of August 2025 warrants cut from $2.41 to $1.10 per share.
LM Funding America Raises $23M in Combined Offerings to Expand Bitcoin Treasury
Raised $10.4M from PIPE offering and $12.6M from registered direct offering on August 18, 2025.
LM Funding America raises $23M via PIPE and direct offering to buy Bitcoin
Closed $10.4M PIPE and priced $12.6M registered direct offering; combined gross proceeds ~$23M.
LM Funding Q2 net income $0.1M, mining margin 41%; signs $3.9M Mississippi site acquisition
Q2 revenue $1.9M, down 18.7% sequentially and 36% YoY; mined 18.4 BTC down 24.3% sequentially.
LMFA July 2025 Bitcoin mined up 7% to 5.9 BTC; treasury reallocated for expansion
Mined 5.9 net Bitcoin in July (vs 5.5 in June), sold 11.0, HODL decreased to 150.4 BTC.
LMFA Q1 2025 revenue $2.4M, net loss $5.4M; mined 24.3 BTC, mining margin 38.5%
Revenue $2.4M, up 19.4% sequentially, down 48.9% YoY; Bitcoin mining revenue $2.3M, up 25.3% sequentially.
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.
LM Funding March BTC mined 8.7 net; holds 160.2 BTC valued at $13.3M
Net Bitcoin mined in March: 8.7; sold 14.2 BTC; HODL 160.2 BTC as of March 31, 2025.
LM Funding Q4 2024 net income $2.0M vs prior loss; Core EBITDA $3.3M
Q4 2024 revenue $2.0M from mining 21.7 Bitcoin; full-year revenue $11.0M.
LM Funding mined 8.1 BTC in Feb; HODL rises to 165.8 BTC after firmware upgrade
Mined 8.1 net BTC in February, up from 8.0 in Jan; HODL grows to 165.8 BTC valued at $14.6M ($2.85/share).
LMFA January Bitcoin production: 8 BTC mined; HODL 158.2 BTC valued at $16.1M
Mined 8.0 net Bitcoin in January, up from 7.0 in December; total HODL 158.2 BTC.
LMFA holds 150.2 Bitcoin valued at $15M; expects $4M Q4 fair value gain
Bitcoin holdings at Dec 31, 2024: 150.2 BTC, valued at ~$15M based on $100k BTC price.
LM Funding closes $7.3M acquisition of 15MW mining site, raises $5.1M via warrant exercise
Acquired assets of 15MW mining site in Oklahoma for $7.3M; paid $1.1M cash, $3.7M credit against loans, $2.5M escrowed.
Acquired 15MW mining site in Oklahoma for $7.3M: $1.1M cash + $3.7M loan credit + $2.5M escrow for seller obligations.
On April 29, 2024, the Board appointed Martin Traber, effective immediately, to serve as a director to fill the vacancy resulting from Mr. Zhang’s resignation.
Effective April 25, 2024, Tian “Todd” Zhang resigned as a member of the board of directors (the “Board”) of LM Funding America, Inc. (the “Company”).
Effective November 16, 2022, Mr. Joel E. Rodgers resigned from his position as a member of the board of directors of the Company.
Effective November 16, 2022, the Company’s board of directors appointed Tian “Todd” Zhang to the Company’s board of directors to fill the vacancy created by the resignation of Mr. Joel Rodgers.
Max materiality 0.90 · Median 0.60 · Most common event other_material