LM Funding America, Inc. (NASDAQ:LMFA) is one of the 8 Best Crypto Penny Stocks to Buy Now.
On June 24, 2026, LM Funding America, Inc. (NASDAQ:LMFA) announced a strategic expansion into high-performance computing and artificial intelligence infrastructure. The company ordered its initial AI GPU server hardware for deployment at its Oklahoma facility and is marketing available power capacity at both facilities to qualified AI co-location and power hosting customers. The expansion uses LM Funding's 26 megawatts of wholly owned, operational power infrastructure, with average power costs of approximately $0.046 per kilowatt-hour.
In mid-May, LM Funding America reported financial results for the three months ended March 31, 2026. Total revenue was $2.1 million, down 10.9% sequentially and 11.1% year-over-year, with the sequential decline reflecting lower average Bitcoin prices. The company mined 26.1 Bitcoin during the quarter at an average price of approximately $75,700, compared with 22.0 Bitcoin in Q4 2025 at an average Bitcoin value of approximately $99,700 and 24.3 Bitcoin in Q1 2025 at an average Bitcoin value of approximately $93,600.
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Mining margin was 24.1%, compared with 38.5% in Q1 2025. The company generated approximately $368,000 in curtailment and energy sales for the 2026 quarter, compared with $150,000 in Q1 2025. LM Funding also incurred a $3.8 million negative fair market value adjustment on mined digital ***** ets and a $3.2 million negative fair market value adjustment on Bitcoin collateral receivable in Q1 2026.
On June 24, 2026, LM Funding America, Inc. (NASDAQ:LMFA) announced a strategic expansion into high-performance computing and artificial intelligence infrastructure. The company ordered its initial AI GPU server hardware for deployment at its Oklahoma facility and is marketing available power capacity at both facilities to qualified AI co-location and power hosting customers. The expansion uses LM Funding's 26 megawatts of wholly owned, operational power infrastructure, with average power costs of approximately $0.046 per kilowatt-hour.
In mid-May, LM Funding America reported financial results for the three months ended March 31, 2026. Total revenue was $2.1 million, down 10.9% sequentially and 11.1% year-over-year, with the sequential decline reflecting lower average Bitcoin prices. The company mined 26.1 Bitcoin during the quarter at an average price of approximately $75,700, compared with 22.0 Bitcoin in Q4 2025 at an average Bitcoin value of approximately $99,700 and 24.3 Bitcoin in Q1 2025 at an average Bitcoin value of approximately $93,600.
Image by drobotdean on Freepik
Mining margin was 24.1%, compared with 38.5% in Q1 2025. The company generated approximately $368,000 in curtailment and energy sales for the 2026 quarter, compared with $150,000 in Q1 2025. LM Funding also incurred a $3.8 million negative fair market value adjustment on mined digital ***** ets and a $3.2 million negative fair market value adjustment on Bitcoin collateral receivable in Q1 2026.
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