Strategic Transition to Vertically Integrated Bitcoin Mining
LM Funding America transitioned from an asset-light model to a vertically integrated operator, gaining full control of their fleet, improving margins, and reducing operational risks.
Operational Efficiency and Cost Reduction
The company mined 24.3 Bitcoin in Q1 2025, improved operational efficiency, and reduced operating expenses. Operating margins improved from 31.2% in Q4 2024 to 38.5% in Q1 2025.
Monetizing Energy Sales
Generated $150,000 from power sales back to the grid in Q1 2025, contributing to improved mining margins. Continued to generate $120,000 in power sales in April.
Immersion Cooling Technology Adoption
Ordered two 1 megawatt immersion mining containers for expansion at the Oklahoma site, expected to improve operational strategy and add shareholder value.
Bitcoin Holdings Value
As of April 30, 2025, LM Funding held 148.7 Bitcoin valued at $15.5 million, significantly higher than their market capitalization.