LM Funding America announced that its 2‑MW immersion‑cooling expansion at its Oklahoma mining site is on schedule for energization by the end of December 2025, a key step toward the company’s goal of 26 MW of owned mining capacity.
The company reported that it generated approximately $76,000 in curtailment and energy sales during November, a new revenue stream that reflects the company’s strategy of monetizing excess power. In comparison, November 2024 generated $223,000 in the same category, indicating a decline in the volume of energy sales but a continued contribution to the company’s cash flow.
The immersion‑cooling system is expected to boost hash‑rate by nearly 10% and improve operational efficiency. This increase in hash‑rate translates into higher Bitcoin production per megawatt, directly supporting the company’s objective of reducing power costs and enhancing mining margins.
The 2‑MW addition is part of a broader capacity build that includes the 11‑MW Mississippi site acquired for $3.9 million. Together, these assets bring LM Funding America’s owned capacity to 26 MW, positioning the company to capture more of the Bitcoin mining market while maintaining a lean operating model.
Bruce M. Rodgers, Chairman and CEO, said the company is “continuing to monitor market conditions closely and believes our disciplined approach to growth and capital allocation positions us well heading into year‑end.” He highlighted the company’s focus on operational execution, energy sales, and disciplined growth as key drivers of its strategy.
Following the company’s Q3 2025 earnings, market reaction was tempered by a revenue miss and a net loss of $3.7 million, raising concerns about liquidity and profitability. The announcement of the immersion‑cooling expansion signals management’s confidence in its long‑term strategy, but investors remain cautious about the company’s ability to translate operational gains into sustainable profitability.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.