LM Funding mines 7.5 bitcoin in October

“October was our first full month with the Mississippi facility online, and we are pleased to report an estimated 27% increase in Bitcoin production,” said BruceRodgers, CEO. “Alongside this operational progress, we are taking actions to enhance mNAV and increase Bitcoin per share, including the recently completed private securities repurchase and newly authorized share buyback program – reinforcing our belief in the company’s strategy. Our focus is to continue increasing production and efficiency, increase Bitcoin per share and mNAV, and steadily grow our Bitcoin treasury. We expect to use our buyback capacity when our mNAV trades below comparable Bitcoin miners, as we believe the current market discount to our Bitcoin holdings and infrastructure assets represents an opportunity to build long-term value per share.” The Company estimates that the value of its 294.9 Bitcoin holdings on October 31, 2025, was approximately $31.9 million or $2.70 per share, based on a Bitcoin price of approximately $108,300 as of October 31, 2025, compared to a stock share price of $1.07 as of October 31, 2025.