LM Funding America is a micro-cap Bitcoin mining company that also maintains a Bitcoin treasury. The company operates two owned U.S. mining facilities — a 15 MW site in Calumet, OK and an 11 MW site in Columbus, MS — running roughly 7,200 machines with a combined hashrate of approximately 0.75 EH/s. LM Funding mines Bitcoin, retains most of what it mines as a treasury asset, and supplements holdings through equity offerings and Bitcoin-collateralized debt. Management frames value creation around growing Bitcoin per share. Mining economics are driven by Bitcoin price, electricity costs, and hardware efficiency. LM Funding's power contracts in Oklahoma also allow the company to sell unused electricity back to the grid during peak demand, generating supplemental revenue. The company's growth strategy centers on acquiring small owned power sites in the 5–20 MW range, upgrading to immersion-cooled miners for better efficiency and uptime, and continuing to accumulate Bitcoin. LM Funding also operates a small legacy specialty finance business in Florida, advancing funds to HOAs against delinquent member assessment receivables, though this appears to be a minor and declining operation.
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