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Stock impact report

LM Funding (LMFA) Q1 2025 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

LM Funding America, Inc. (LMFA) 
US:NASDAQ Investor Relations: ir.lmfunding.com/investor-overview
President, U.S. Digital Mining — Ryan Duran Chief Financial Officer — Richard Russell TAKEAWAYS Bitcoin Mined -- 24.3 Bitcoin produced, up 12% sequentially, indicating ongoing improvements in operational efficiency. Revenue -- $2.3 million from Bitcoin mining, marking a 25% increase sequentially but a 50.5% decline year over year, attributed to the April 2024 halving event. Bitcoin Mining Margin -- Improved to 38.5% from 31.2% in the previous quarter, supported by cost controls and power sales. Power Sales -- Generated $150,000 in the quarter and $120,000 in April by selling energy back to the grid, reducing mining costs and providing a partial hedge against Bitcoin price volatility. Operational Scale -- Achieved 560 petahash of mining capacity and completed LuxOS upgrades across the Oklahoma fleet. Immersion Mining Expansion -- Purchased and initiated construction on two 1 megawatt immersion containers for a 2 megawatt Oklahoma site expansion, with completion targete Show less Read more
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