LM Funding America buys 164 bitcoin for $18.67 million

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Go back to LM Funding America buys 164 bitcoin for $18.67 million

LM Funding America Purchases 164 Bitcoin, Increasing Treasury to 311 BTC

August 25, 2025 8:00 AM EDT

TAMPA, Fla., Aug. 25, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (LM Funding or the Company), a Bitcoin treasury and mining company, today announced the purchase of 164 Bitcoin (BTC) at an average price of $113,850 per BTC, for an aggregate purchase amount of approximately $18.67 million. With this acquisition, LM Fundings total Bitcoin holdings as of August 22, 2025 have increased to approximately 311 BTC.

This purchase follows LM Fundings recent $23 million financing, the majority of which was allocated to supporting treasury growth. The Company launched its Bitcoin treasury strategy in 2021 and added Bitcoin mining... More