LM Funding America Reports April Bitcoin Production, Treasury Valued at $25.3M ($1.18/Share)
LMFA sits 36% above its 52-week low of $0.18.
Summary
LM Funding America updated its April Bitcoin production and treasury holdings, reporting 334.0 BTC valued at $25.3 million, or $1.18 per share, significantly above its current stock price.
Key Events · Financing and Capital Events · LMFA
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Bitcoin Treasury Valued at $25.3 Million
As of April 30, 2026, the company held 334.0 Bitcoin, valued at approximately $25.3 million based on a Bitcoin price of $75,800. This represents a substantial asset base relative to the company's market capitalization.
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Bitcoin Value Per Share Exceeds Stock Price
The Bitcoin treasury value translates to $1.18 per diluted share, significantly higher than the company's current stock price of $0.2451, suggesting a potential undervaluation based on its core asset.
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Stable April Bitcoin Production
The company mined 9.4 net Bitcoin in April 2026, a slight sequential increase on a per-day basis compared to 9.6 BTC in March, indicating stable operational performance.
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Bitcoin Holdings Slightly Decreased
LM Funding sold 13.5 Bitcoin in April, leading to a slight reduction in its Bitcoin HODL (Hold On for Dear Life) from 338.1 BTC in March to 334.0 BTC.
Analysis · LMFA · Crypto Assets
This filing provides a critical update on LM Funding America's core asset, its Bitcoin treasury, which is valued at $25.3 million. This figure is substantially higher than the company's current market capitalization of $3.81 million, indicating that the company's valuation is heavily tied to its Bitcoin holdings. The reported Bitcoin value of $1.18 per share significantly exceeds the current stock price of $0.2451, highlighting a potential disconnect between the company's asset value and its market valuation. While Bitcoin production remained stable, the company continues to sell Bitcoin, reducing its overall holdings slightly. This update is crucial for investors assessing the company's intrinsic value amidst its ongoing financial challenges, including a significant net loss in 2025 and efforts to avoid Nasdaq delisting through a proposed reverse stock split.
At the time of this filing, LMFA was trading at $0.25 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $3.8M. The 52-week trading range was $0.18 to $5.14. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.