EXCLUSIVE: LM Funding Taps Bitcoin Mining Sites For New AI Infrastructure Push

LM Funding America, Inc. (NASDAQ:LMFA) announced Tuesday it is expanding into high-performance computing and AI infrastructure with the acquisition of its archetypal AI GPU server hardware for deployment astatine its Oklahoma facility.

The Bitcoin treasury and mining institution said it is besides selling disposable powerfulness capableness astatine its Oklahoma and Mississippi facilities to qualified AI co-location and powerfulness hosting customers.

AI Infrastructure Expansion

LM Funding reports 26 megawatts of wholly owned operational powerfulness infrastructure, with mean powerfulness costs of astir $0.046 per kilowatt-hour.

Currently, 22 megawatts enactment Bitcoin mining, but each oregon portion of this capableness tin beryllium redirected to AI-HPC deployment.

The institution said it is selling up to 10 megawatts of disposable capableness and is evaluating modular and containerized information halfway systems for GPU workloads.

It is besides successful discussions with its Oklahoma powerfulness supplier regarding a imaginable 10- to 50-megawatt capableness expansion, pending load studies and related assessments.

Revenue Opportunity And Bitcoin Holdings

LM Funding estimates a imaginable yearly gross accidental of $800,000 to $2 cardinal per megawatt.

At its existent 26-megawatt capacity, a afloat AI buildout could make $20 cardinal to $50 cardinal successful yearly revenue, though this would necessitate further indebtedness oregon superior markets funding.

As of May 31, 2026, LM Funding held 322.7 Bitcoin valued astatine astir $23.8 cardinal and produced 9.8 Bitcoin from mining operations successful May.

Executive Commentary

Chairman and CEO Bruce Rodgers stated that the company's owned power, debased costs, operational infrastructure, and maturation capableness presumption it to conscionable AI compute demand.

"Our Bitcoin treasury is real, it is liquid, and astatine existent prices it is worthy multiples of our banal price. What we are gathering toward successful HPC — owning the infrastructure, operating it ourselves, delivering compute from our ain facilities — is simply a tremendous opportunity. The marketplace has already begun to re-rate companies that made this modulation credibly, and we mean to beryllium 1 of them," commented Rodgers.

President Ryan Duran noted that the archetypal AI GPU deployment successful Oklahoma volition supply operating data, portion CFO Richard Russell highlighted that the Bitcoin treasury offers moving superior for the aboriginal stages of the initiative.

LMFA Price Action: LM Funding America shares were up 2.81% astatine $0.20 during premarket trading connected Tuesday. The banal is trading adjacent its 52-week debased of $0.18, according to Benzinga Pro data.