LM Funding America Swings to Q2 Profit

LM Funding America (NASDAQ:LMFA) reported results for the quarter ended June 30, 2025, on Aug. 14, 2025, highlighting GAAP net income of $60,000 for Q2 2025 compared to a net loss of $6.2 million for Q2 2024. Sequential improvement in core EBITDA to $2.6 million for the quarter ended June 30, 2025, was noted. The company announced a $3.9 million acquisition of a Mississippi Bitcoin (CRYPTO:BTC) mining site, set to expand total owned capacity to 26 megawatts, as discussed on the Q2 2025 earnings call, alongside ongoing Oklahoma immersion mining initiatives. Key topics include margin expansion, ongoing treasury accumulation, and active capital deployment toward lower-cost integrated mining operations.With this Mississippi transaction, LM Funding America will increase its owned mining power from 15 megawatts to 26 megawatts upon closing the Mississippi acquisition, as discussed on the Q2 2025 earnings call, assuming latest-generation miners at 15 joules per terahash for approximately 1.7 exahash total capacity. The acquisition price is $355,000 per megawatt, indicating a disciplined approach to capital allocation.This acquisition accelerates fleet scaling without the protracted construction timelines or inflationary risk of new builds.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool