8-K
Lm Funding America, Inc. (LMFA)
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UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of earliest event reported): September 08, 2025 |
|---|
LM FUNDING AMERICA, INC.
(Exact name of Registrant as Specified in Its Charter)
| Delaware | 001-37605 | 47-3844457 |
|---|---|---|
| (State or Other Jurisdiction<br>of Incorporation) | (Commission File Number) | (IRS Employer<br>Identification No.) |
| 1200 West Platt Street<br><br>Suite 100 | ||
| Tampa, Florida | 33606 | |
| (Address of Principal Executive Offices) | (Zip Code) | |
| Registrant’s Telephone Number, Including Area Code: 813 222-8996 | ||
| --- |
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading<br>Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock par value $0.001 per share | LMFA | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On September 8, 2025, the Company issued a press release providing Bitcoin production and mining update for the one month ended August 31, 2025. The information contained in the press release is incorporated herein by reference and furnished as Exhibit 99.1.
The information furnished in this Item 2.02, including Exhibit 99.1, is not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that Section. This information will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates it by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit<br><br>Number | Description |
|---|---|
| 99.1 | Press release issued September 8, 2025 |
| 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) |
Forward-Looking Statements
This Current Report on Form 8-K may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainty. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Such statements are based on the Company’s current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Investors are cautioned that there can be no assurance actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various risks and uncertainties. Investors should refer to the risks detailed from time to time in the reports the Company files with the SEC, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, as well as other filings on Form 10-Q and periodic filings on Form 8-K, for additional factors that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LM Funding America, Inc. | |||
|---|---|---|---|
| Date: | September 8, 2025 | By: | /s/ Richard Russell |
| Richard Russell, CFO |
EX-99.1
Exhibit 99.1
LM Funding America Announces August 2025 Production and Operational Update
- Bitcoin treasury as of August 31, 2025 valued at $33.8 million or $2.18 per share[1]
TAMPA, FL, September 8, 2025 — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended August 31, 2025.
| Metric | July 2025 | August 2025 |
|---|---|---|
| - Bitcoin[2] | ||
| - Mined, net | 5.9 | 5.8 |
| - Sold | (11.0) | (9.0) |
| - Purchased | - | 164.0 |
| - Service Fee | - | - |
| - Bitcoin HODL | 150.4 | 311.2 |
| - Machines2 | ||
| - Operational | 4,320 | 4,320 |
| - Storage | 1,218 | 1,218 |
| - Total Machines | 5,538 | 5,538 |
| - Hashrate (EH/s2) | ||
| - Oklahoma | 0.48 | 0.48 |
| - Hosted | - | - |
| - Energized | 0.48 | 0.48 |
| - Storage | 0.12 | 0.12 |
| - Total | 0.60 | 0.60 |
“Our goal is clear: grow our Bitcoin treasury over the long term,” commented Bruce Rodgers, Chairman and CEO of LM Funding. “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 $2.181 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.
Exhibit 99.1
About LM Funding America
LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.
Forward-Looking Statements
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company's most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, the risks of operating in the cryptocurrency mining business, our limited operating history in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, the ability to finance our site acquisitions and cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.
For investor and media inquiries, please contact:
Investor Relations
Orange Group
Yujia Zhai
LMFundingIR@orangegroupadvisors.com
[1]Bitcoin treasury calculated using 311.2 Bitcoin held as of 8/31/25 and Bitcoin price of approximately $108,500 as of 8/31/25. Bitcoin per share calculated using 15,517,988 shares outstanding as of August 31, 2025.
[2]Unaudited