LM FUNDING AMERICA, INC.

LM Funding America, Inc. operates three distinct business segments: Bitcoin treasury operations, Bitcoin mining, and specialty finance. The company's Bitcoin treasury strategy involves holding a majority of its existing Bitcoin and acquiring new Bitcoin through its mining activities. It may sell or leverage Bitcoin to support operations and strategic initiatives. The Bitcoin mining operation uses computing power to mine Bitcoin on the Bitcoin network, conducted through its wholly owned subsidiary, US Digital, a Florida limited liability company formed in 2021. In its specialty finance business, the company historically provides funding to incorporated nonprofit community associations, primarily in Florida, offering various financial products tailored to their needs. In August 2025, the company raised approximately $21.3 million in net proceeds and purchased 164 Bitcoins. In December 2025, it raised an additional $5.9 million in net proceeds and purchased 47 Bitcoins. The Bitcoin treasury strategy for the next twelve months includes acquiring and holding Bitcoin using operational cash flows exceeding working capital, and periodically, subject to market conditions, issuing equity or debt or engaging in other capital raises to purchase Bitcoin. The company has not set a specific target for Bitcoin holdings and monitors market conditions for additional purchases.