LM FUNDING AMERICA, INC. 8-K

What Happened LM Funding America, Inc. filed an 8-K (Item 2.03) on January 30, 2026 disclosing it entered into a Master Digital Currency Loan Agreement with Galaxy Digital LLC that allows borrowing U.S. dollars and specified digital currencies (including Bitcoin and Ether). The company previously drew $11.0 million under this facility on October 30, 2025 (the October 2025 Loan), which became due January 30, 2026. On January 28, 2026 the company drew a new $11.0 million loan under the same agreement (the January 2026 Loan) and used those proceeds to pay off the October 2025 Loan.

Key Details

• Lender: Galaxy Digital LLC under a Master Digital Currency Loan Agreement.
• October 30, 2025 draw: $11,000,000 (October 2025 Loan) — became due January 30, 2026.
• January 28, 2026 draw: $11,000,000 (January 2026 Loan) — proceeds used to satisfy the October 2025 Loan.
• The January 2026 Loan is due February 27, 2026 and is secured by Bitcoin owned by the company.
• The loan facility permits borrowing in U.S. Dollars and specified digital currencies (e.g., Bitcoin, Ether).

Why It Matters This filing documents a short‑term refinancing and a new near‑term debt obligation that is secured by the company’s Bitcoin holdings. Investors should note the company has an $11 million loan coming due on February 27, 2026 and that cryptocurrency assets are pledged as collateral, which affects liquidity and the company’s crypto asset flexibility.