LM FUNDING AMERICA, INC. 8-K

What Happened
LM Funding America, Inc. filed an 8-K (Item 2.03) disclosing a new $11 million loan under a Master Digital Currency Loan Agreement with Galaxy Digital LLC. The company originally drew $11 million on October 30, 2025 (due Jan 30, 2026), refinanced that amount into new loans extending the maturity to April 24, 2026, and on April 6, 2026 borrowed a new $11 million loan (the “April 2026 Loan”) to extend the obligation through June 26, 2026. The April 2026 Loan is secured by Bitcoin owned by the company.

Key Details

• Lender: Galaxy Digital LLC under a Master Digital Currency Loan Agreement (loan facility).
• Principal: $11,000,000 borrowed (original draw Oct 30, 2025; new April 6, 2026 loan of $11M).
• Maturity: April 2026 Loan matures June 26, 2026 (previously extended from Jan 30, 2026 to April 24, 2026).
• Collateral: The loan is secured by Bitcoin owned by LM Funding America.

Why It Matters
This 8-K documents the creation and extension of a direct financial obligation of $11M that is secured by the company’s Bitcoin holdings. For investors, the filing highlights an outstanding secured borrowing with a near-term maturity (June 26, 2026) and links the company’s financing to digital-asset collateral, which can affect liquidity and balance-sheet risk related to cryptocurrency collateral values.