Monday, December 09, 2024 8:30:38 AM
Company has another 5.1M in cash. Plus the millions on the balance sheet, plus the 15M in bitcoin, the 15MW mining facility, and 6000 s19 and s21 miners.
When they are fully operational in January they should mine about 15 BTC a month. Or about 1.5M usd at current levels, 4.5M a quarter, 18M a year.
Mining costs are roughly half of the value. So 9M. Plus 5M in operations, salaries, etc.
2025 without any change in btc price should be about 4M before interest Depreciation and taxes etc.
About .80/share.
6.5m times 3 dollars a share = 19.5M market cap. Trading at 5x forward earnings (2025).
Recent LMFA News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2025 01:34:30 PM
- LM Funding America, Inc.’s Bitcoin Holdings Valued at $15.0 Million in Monthly Update • GlobeNewswire Inc. • 01/16/2025 01:30:00 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 01/13/2025 10:17:59 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/10/2025 09:47:08 PM
- LM Funding America, Inc. Orders Bitmain S21+ • GlobeNewswire Inc. • 12/27/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2024 09:40:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/10/2024 01:35:29 PM
- LM Funding America, Inc.’s Bitcoin Holdings Valued at $14.2 Million in Monthly Update • GlobeNewswire Inc. • 12/10/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/09/2024 09:52:14 PM
- LM Funding America, Inc. Closes Purchase of 15MW Mining Site • GlobeNewswire Inc. • 12/09/2024 02:00:42 PM
- LM Funding America Enters Into Warrant Exercise Transaction for Gross Proceeds of $5.1 Million • GlobeNewswire Inc. • 12/09/2024 01:00:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/04/2024 09:48:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/25/2024 11:46:20 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 11/22/2024 05:15:05 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/21/2024 01:31:38 PM
- LM Funding America, Inc.’s Bitcoin Holdings Valued at $13.3 million in Monthly Update • GlobeNewswire Inc. • 11/21/2024 01:30:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/18/2024 10:14:18 PM
- LM Funding America, Inc. Enters into Agreement to Make Pivotal Acquisition • GlobeNewswire Inc. • 11/14/2024 03:00:20 PM
- CORRECTION -- LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2024 • GlobeNewswire Inc. • 11/13/2024 02:54:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/13/2024 02:17:44 PM
- LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2024 • GlobeNewswire Inc. • 11/13/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/12/2024 10:01:46 PM
- LM Funding America, Inc. Schedules Third Quarter 2024 Financial Results and Business Update Conference Call • GlobeNewswire Inc. • 11/08/2024 07:20:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/07/2024 10:32:58 PM
Luke Plants Featured in U.S. Department of the Interior Report to Congress on Strategic Review of National Orphan Well Program • ZEFIF • Jan 21, 2025 10:51 AM
North Bay Resources Acquires 70% Interest in the Bishop Gold Mill, Inyo County, California • NBRI • Jan 21, 2025 9:26 AM
HealthLynked Unveils Release of ARi: A Revolutionary AI-Powered Healthcare Assistant • HLYK • Jan 21, 2025 8:00 AM
Good Gaming Inc. Announces ViaOne Services' Intent to Purchase Up to 10% of Its Common Shares in the Open Market • GMER • Jan 16, 2025 8:30 AM
Avant Technologies and Ainnova Begin Implementing and Testing Advanced AI Algorithms for Early Detection of Additional Diseases • AVAI • Jan 16, 2025 8:00 AM
VOCODIA HOLDINGS INC. (OTCMKTS: VHAI) and TRACCOM INC. (OTCMKTS: TRCC) have signed an MOU to form a Joint Venture that will Revolutionize Event Monitoring with Narrative AI • VHAI • Jan 15, 2025 2:53 PM