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TAMPA - LM Funding America, Inc. (NASDAQ:LMFA) has acquired 164 Bitcoin at an average price of $113,850 per BTC, for a total of approximately $18.67 million, the company announced Monday. According to InvestingPro data, this purchase represents more than twice the company’s current market capitalization of $7 million, highlighting the significance of this investment for the micro-cap firm.
The purchase increases LM Funding’s total Bitcoin holdings to approximately 311 BTC as of August 22, 2025. The acquisition follows the company’s recent $23 million financing, with most funds directed toward treasury growth. The company’s financial metrics reveal a current ratio of 3.75, indicating strong short-term liquidity, though InvestingPro analysis shows the company is quickly burning through cash.
The Bitcoin treasury and mining company initiated its Bitcoin strategy in 2021 and expanded into mining operations in 2022. LM Funding has built its Bitcoin reserves through a combination of mining activities and direct purchases.
The company estimates the value of its 311 Bitcoin holdings at approximately $36.1 million, or $2.38 per outstanding share, based on Bitcoin’s price of approximately $116,000 as of August 22, 2025. This compares to LM Funding’s closing share price of $1.37 on the same date. The stock has experienced significant volatility, with a 57% decline over the past year. For deeper insights into LMFA’s valuation and 14 additional key ProTips, visit InvestingPro.
"Bitcoin stands apart as the hardest form of money ever created – perfectly scarce, finite, and increasingly recognized as a core asset class," said Bruce Rodgers, Chairman and CEO of LM Funding, in the press release statement.
LM Funding America operates as a Bitcoin treasury, mining and technology-based specialty finance company. Founded in 2008, the Tampa-based firm is listed on the Nasdaq exchange.
In other recent news, LM Funding America reported a decrease in revenue for the second quarter of 2025, with figures dropping to $1.9 million from $2.4 million in the first quarter. Despite the revenue decline, the company managed to achieve a net income of $60,000, marking a notable improvement from a net loss of $5.4 million in the previous quarter. This financial turnaround highlights a shift in the company’s profitability over the recent months. The company’s stock price, however, closed at $2.38, a 4.42% decrease from the previous session, though stock price movements are not the focus here. These recent developments provide investors with insights into LM Funding America’s current financial performance. No analyst upgrades or downgrades were noted in the available information.
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