LM Funding's June Bitcoin inventory valued at $16.70 million, strategic production cuts to cope with high temperatures
Powered by ChatGPTOn July 8th, LM Funding America, Inc. (Nasdaq: LMFA) today released its operating report for June 2025. As of June 30th, the company held 155.5 Bitcoins, with a total value of approximately $16.70 million, equivalent to $3.25 per share (based on a Bitcoin price of $107,170), higher than the day's stock price of $2.86. In June, the company mined 5.5 Bitcoins, a decrease from the 6.3 Bitcoins mined in May. This was due to the implementation of strategic production restrictions during high temperatures in Oklahoma, prioritizing the sale of energy over mining. This strategy brought the company approximately $55,000.00 in revenue in June, and approximately $216,000.00 cumulatively in the second quarter of 2025. The company currently operates 4,320 mining machines with a total hashrate of 0.48 EH/s. [Deep Tide TechFlow]