Bitcoin News Today: LM Funding's Bitcoin Holdings Surpass Stock Value Amid Expansion Stumbles

LM Funding America, Inc. (NASDAQ: LMFA) reported producing 5.9 bitcoins in September 2025, a slight increase from 5.8 BTC mined in August. The company's Bitcoin holdings totaled 304.5 BTC as of September 30, 2025, valued at approximately $34.7 million or $2.24 per share, based on a Bitcoin price of $114,070. This represents a 5% rise in share price from $1.14 to $1.19 over the month, aligning with a broader market rally in Bitcoin pricesLM Funding America Announces September 2025 Production and Operational Update^[1].

The production growth was supported by the acquisition of a Mississippi mining site in mid-September for $4.3 million, which added 7.5 MW of power and 220 PH/s of hashing capacity. The site, fully integrated by month-end, contributed to LM Funding's total operational hashrate of 0.70 EH/s, up from 0.48 EH/s in August. The company's machine count expanded to 7,491 units, including 2,376 in Mississippi, compared to 5,538 in August. Despite challenges, including a handover period for the Mississippi site and curtailments in Oklahoma, the company offset some operational delays with $65,000 in energy salesLM Funding America Announces September 2025 Production and Operational Update^[1].

Management emphasized strategic efficiency and long-term value creation. Bruce M. Rodgers, Chairman and CEO, stated the acquisition strengthened LM Funding's vertically integrated footprint and underscored the company's undervaluation relative to its Bitcoin holdings. Todd Liebel, newly appointed Vice President of U.S. Digital Mining & Hosting Co., will oversee Mississippi integration, Oklahoma immersion cooling expansion, and redeployment of high-efficiency miners. The Oklahoma site is slated for full energization by December 2025LM Funding America Announces September 2025 Production and Operational Update^[1].

Financially, LM Funding's Bitcoin treasury outperformed its stock price. As of October 6, 2025, the company's holdings were valued at $38.1 million or $2.45 per share, reflecting Bitcoin's rise to $125,000. This premium highlights the growing disparity between the company's digital asset value and equity valuation, a trend observed in other Bitcoin-focused firms. However, the company's stock price remains sensitive to Bitcoin's volatility, with shares up ~5% in October amid broader market optimismLM Funding America Announces September 2025 Production and Operational Update^[1].

The September update also revealed operational challenges. The average hashrate of 0.48 EH/s fell short of potential due to Mississippi site integration and Oklahoma curtailments. Nonetheless, the company's fleet uptime and redeployment initiatives, including surplus miner optimization, are expected to enhance long-term profitability. With 304.5 BTC in reserves and a diversified mining footprint, LM Funding aims to capitalize on Bitcoin's price momentum while mitigating operational risksLM Funding America Announces September 2025 Production and Operational Update^[1].