As Bitcoin is Slowly Increasing, LM Funding America Inc. is Also Increasing its Value with $21 Million in Bitcoin

ATLANTA, GA / ACCESS Newswire / March 18, 2026 / In the rapidly evolving landscape of publicly traded Bitcoin miners, few small-cap companies have undergone as dramatic a transformation as LM Funding America, Inc. Once a niche specialty finance firm, LM Funding America has repositioned itself as a vertically integrated Bitcoin treasury and mining company. As of mid-March 2026, the central question for investors is no longer whether the transformation is real - it clearly is - but whether the market is dramatically undervaluing the company relative to its assets, production capacity, and potential upside in a favorable Bitcoin cycle. A comprehensive review of LMFA's treasury, infrastructure, operating momentum, and macro backdrop suggests a striking disconnect between intrinsic value and market price.

Bitcoin Treasury: A Deep Asset Discount

At the core of LM Funding America valuation lies its Bitcoin holdings. As of February 28, 2026, the company reported approximately 354.7 BTC. With Bitcoin closing near $75,000 on March 17, 2026, those holdings are worth roughly $26.6 million. Based on 21,455,892 diluted shares outstanding, this equals approximately $1.24 of Bitcoin value per diluted share. Yet LMFA's stock closed at just $0.3366 on the same date, implying that the company's Bitcoin holdings alone equal about 3.7 times its entire market valuation. In practical terms, investors were pricing the operating business, infrastructure, and future production capacity at a steep discount, effectively allowing exposure to these assets at little incremental cost beyond the treasury itself. Such extreme discounts are unusual even among micro-cap miners, particularly those that own their infrastructure outright rather than relying heavily on third-party hosting.

Strategic Infrastructure: Two Owned Sites, Real Industrial Assets

LM Funding America operates two wholly owned mining facilities: a flagship site in Oklahoma and a second facility in Columbus, Mississippi. Together, these assets represent approximately 26 megawatts of owned capacity, with about 24 MW currently energized and producing. Ownership is a critical differentiator because many miners rely on hosting providers and power contracts that compress margins and limit operational flexibility. LMFA's vertically integrated model eliminates those fees and allows direct control over uptime, equipment deployment, and expansion. The Oklahoma facility, acquired in December 2024 for roughly $7.3 million and partially financed with a Bitcoin-backed loan, has undergone continuous upgrades. Through immersion cooling deployments and installation of next-generation ASIC miners, including Bitmain S21 and S21 XP units, the site now produces roughly 0.55 EH/s of hashrate. Immersion cooling enables higher performance, lower failure rates, and longer hardware lifespan, providing a structural efficiency advantage over traditional air-cooled operations.

The Mississippi facility, acquired in September 2025 for about $4.3 million, contributes approximately 0.23 EH/s of hashrate and benefits from exceptionally low electricity costs near $0.036 per kilowatt-hour, among the lowest reported in the U.S. mining sector. Management has further optimized performance by reallocating higher-efficiency machines between sites to maximize output per megawatt. Combined, the two facilities deliver approximately 0.77-0.78 EH/s of energized hashrate as of February 2026, up from roughly 0.70 EH/s several months earlier. These are tangible industrial assets - land, electrical infrastructure, cooling systems, and thousands of specialized machines - yet the equity market often values small miners as if they were merely speculative Bitcoin trackers rather than operating commodity producers.

Production Momentum: A Growing Bitcoin Factory

Operational data shows clear upward momentum in production. Monthly Bitcoin output has risen from roughly 5.9 BTC in September 2025 to 8.7 BTC in February 2026, the highest monthly total since LMFA launched mining operations. At this run rate, the company is effectively operating a small but growing Bitcoin production facility. If LMFA maintains a pace of approximately 8.7 BTC per month from March through December 2026, it could mine about 87 additional BTC during the remainder of the year. Adding this to the existing treasury would bring holdings to roughly 441.7 BTC by year-end 2026, assuming no major sales and stable operating conditions. Unlike passive holdings, mined Bitcoin represents a recurring flow of new assets, analogous to a commodity producer extracting reserves. As Bitcoin prices rise, both the existing treasury and future production become more valuable simultaneously.

Energy Optionality: Hidden Profit Potential

Another underappreciated advantage is LM Funding America's ability to participate in electricity markets. During periods of peak grid demand or high-power prices, the company can curtail mining operations and sell contracted electricity back to the grid. This flexibility can generate high-margin ancillary revenue, protect equipment during extreme conditions, reduce exposure to unprofitable mining periods, and strengthen relationships with utilities. Such optionality can materially improve resilience during bear markets, when mining margins typically compress.

Active Treasury Management and Capital Strategy

LM Funding America treasury strategy is also active rather than purely passive. Management has periodically sold Bitcoin to fund equipment purchases, site acquisitions, debt management, and working capital while continuing to mine new coins to replenish reserves. This dynamic approach resembles how commodity producers manage inventory rather than a simple long-term "HODL" strategy. Access to capital has supported this growth trajectory as well. In December 2025, the company raised approximately $6.5 million through a registered direct offering to institutional investors. Although equity issuance dilutes existing shareholders, it provides non-debt capital to expand capacity and upgrade infrastructure in a capital-intensive industry where scale and efficiency are decisive.

Outlook Through the End of 2026

Looking ahead through the end of 2026, production-driven growth could significantly expand LM Funding America asset base. If operations remain stable, the projected 441.7 BTC treasury would make the company increasingly sensitive to Bitcoin's price trajectory. Recent market behavior suggests strengthening momentum, with Bitcoin rising from about $67,000 at the end of February to roughly $75,000 by March 17, 2026. From a technical perspective, three major cycle lows - January 2023, September 2023, and February 2026 - align along a rising long-term support trendline, indicating structural strength in the broader cycle. Timing analysis also suggests the cycle may not be complete. The advance from January 2023 to September 2025 lasted about 33 months, followed by a roughly five-month correction into February 2026, bringing the total elapsed period to about 38 months. Historically, major Bitcoin cycles have often spanned approximately 40 to 48 months, implying that several months of expansion could still lie ahead.

Using a Fibonacci extension framework based on a cycle low of $16,270, a peak near $126,500, and a correction low around $60,600, the 0.786 extension level suggests a potential target near $148,000 per Bitcoin. While such projections are inherently uncertain, they represent a plausible bullish scenario within historical patterns. If LMFA were holding approximately 441.7 BTC by late 2026 and Bitcoin reached around $148,000, the company's Bitcoin assets alone could be worth about $65.3 million, equivalent to roughly $3.05 per diluted share. This estimate excludes any value for the mining infrastructure, ongoing production beyond 2026, energy-market revenues, or future expansion opportunities, highlighting how sensitive the company's valuation is to Bitcoin's price.

Macro and Policy Tailwinds

Macro and policy factors could further influence outcomes. Potential Federal Reserve rate cuts increased regulatory clarity for digital assets if market-structure legislation advances, and heightened political attention to cryptocurrencies ahead of U.S. midterm elections may collectively create a supportive environment for risk assets. None of these developments is guaranteed, but together they represent plausible tailwinds for the sector.

LM Funding America's current value cannot be understood solely as a stock price or even as a Bitcoin holding company. As of March 2026, it represents a functioning industrial mining platform with real assets, measurable production, and substantial exposure to Bitcoin's future trajectory. The market appears to be pricing LMFA largely as a distressed micro-cap rather than as a growing vertically integrated miner with meaningful hard assets and production capability. If Bitcoin merely stabilizes, the treasury provides a tangible asset base; if Bitcoin enters another strong bull phase, LMFA could benefit simultaneously from appreciation of existing holdings, increased value of newly mined coins, operating leverage, and potential re-rating of mining equities. Whether this valuation gap ultimately closes will depend on execution, sentiment, and the path of Bitcoin itself, but as of March 2026, LM Funding America appears to offer far greater exposure to the digital asset cycle than its share price alone would suggest.

About LM Funding America

LM Funding America, Inc. operates as a Bitcoin treasury and mining company. The Company was founded in 2008 and is based in Tampa, Florida. The Company also operates a technology-enabled specialty finance business that provides funding to nonprofit community associations primarily in the State of Florida. For more information, please visit https://www.lmfunding.com

About Landon Capital

Landon Capital Inc. is a media company that wholly owns subsidiaries Landon Capital Management LLC and Landon Capital News. Landon Capital News distributes economic, and political news in over 176 countries. Landon Capital News provides an in depth and simplistic look at financial, economic, and political news, as it is happening. We also provide our viewers with in-depth analysis on various companies and political news that directly correlate to economics. We bridge the gap of information between the investor and the markets, sectors and industries that they invest. For more information, please contact us at [email protected] or 404-995-6671 or visit https://landoncapital.net

Forward-Looking Statements

This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company's most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, the risks of operating in the cryptocurrency mining business, our limited operating history in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, the ability to finance our site acquisitions and cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collect sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

SOURCE: LM Funding America Inc.