LM Funding America shares surge 12.87% intraday after reporting record Bitcoin production and $23.8M treasury.

LM Funding America, Inc. (NASDAQ: LMFA) surged 12.87% intraday following the release of its unaudited February 2026 Bitcoin mining and operational update. The company reported a record 8.7 Bitcoin mined (up from 7.8 in January) and a Bitcoin treasury of 354.7 BTC valued at $23.8 million ($1.11 per share), reflecting strong operational performance. Executives highlighted the deployment of 300 upgraded Bitmain S21 XP miners in Oklahoma, which improved efficiency and hashrate, along with a loan renegotiation extending Galaxy Digital’s $11 million debt maturity to April 2026. The results underscored the company’s focus on expanding mining infrastructure and leveraging Bitcoin’s long-term appreciation. The stock’s sharp rise aligns with the positive operational metrics and the implied undervaluation of shares relative to Bitcoin holdings, driving investor optimism.