LM Funding mines 5.8 bitcoin in August

“Our goal is clear: grow our Bitcoin treasury over the long term,” commented Bruce Rodgers, Chairman and CEO of LM Funding (LMFA). “In August, we closed financing that allowed us to more than double our Bitcoin treasury by purchasing 164 Bitcoin, further strengthening our position. Before this financing closed, we sold 9 Bitcoin to help fund escrow for our Mississippi acquisition and normal working capital needs. In terms of production, even as average network hash price declined 4.9% month-over-month and high temperatures impacted production, our curtailment and energy sales program helped protect margins, offsetting mining costs by approximately $52,000. This combination of decisions and disciplined treasury management keeps us on track to accumulate more Bitcoin over the long-term.” The Company estimates that the value of its 311.2 Bitcoin holdings on August 31, 2025, was approximately $33.8 million or $2.18 per share, based on a Bitcoin price of approximately $108,500 as of August 31, 2025, compared to a stock share price of $1.25 as of August 31, 2025.