Lite Strategy Invests $100 Million to Acquire 900,000 LTC in Fiscal Year 2026
Prefer us on Google
Lite Strategy (Nasdaq: LITS) announced its fiscal year performance ending June 30, 2026, stating that it has invested $100 million to acquire over 900,000 LTC. As of June 30, the company holds 832,716 LTC, accounting for over 1% of the total LTC mined to date. Additionally, the company has repurchased approximately 4.4 million LITS shares through its buyback program, representing about 12% of the outstanding shares; as of September 22, it has repurchased about 6.4 million shares, or approximately 17% of the outstanding shares. Since initiating the LTC covered call strategy, the company has generated approximately $930,000 in option premium income as of September 22.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Singapore Police: Ledger Wallet Tampering Incident Results in Loss of $2.7 Million
Solana DEX Market Share at 38%, Continues Price Decline
Yushu Technology's Net Profit Decreased by 17.37% in the Third Quarter
Korean Prabang Exchange Hacked, Losses Estimated at 100 Million KRW
Visa's Stablecoin Settlement Annual Transaction Volume Exceeds $25 Billion, Growing Tenfold Year-on-Year
FuriosaAI Completes $620 Million Financing, Valuation Reaches $2.9 Billion
Ibis Completes Pre-Seed Financing Round with $250 Million Credit Facility Led by FalconX
Cysic Destroys 7.2 Million CYS on BNB Chain to Offset Unauthorized Minting
Luxor Raises 16 Million USD to Expand AI Compute and Derivatives
Tether Establishes FASE Foundation to Launch Humanitarian Pilot for Stablecoins
Ripple Expects Annual Product Revenue to Reach $900 Million
Birch Hill Completes $4 Million Seed Round Financing Led by Multicoin Capital
Casap Completes $56 Million Series B Funding Led by Base10 Partners
Bit2Me obtains authorization for tokenized stock exchange in Spain
Birch Hill Raises 4 Million USD to Put Farm and Apartment Loans Onchain
Mantle Proposes to Lower Core Budget Cap to 40 Million USDx and 150 Million MNT
Upwind Secures $400 Million Funding, Led by BVP
XRP ETFs See Decreased Interest, No Capital Inflows
Egypt's NoorNation Raises $1.05 Million in Seed Funding Round with Linah Farms Participation
GMO Group Refuses to Pay $1 Million Ransom as Hackers Threaten to Expose User Data
CFTC Reinvestigates Allegations of Insider Trading at Polymarket
88% of Large Enterprises Have Used or Piloted Tokenized Currency
AI Wealth Management Platform Nevis Completes $70 Million Series B Funding
Japanese Bitcoin Industry to Raise Approximately 800 Million Yen Through BTC Equity Investment in Partnership with ANAP Group
Krueger Proposes Million-Dollar Bitcoin High Bet to Jason
Ethereum Spot ETF Sees Net Outflow of $60.2178 Million Yesterday
Bitcoin Spot ETF Sees $176 Million Net Inflow Yesterday, BlackRock's IBIT Leads
CryptoBilis Hacker Deposits 1,200 ETH into Tornado Cash, Approximately $2.78 Million
USAT Independently Issued by Anchorage, GENIUS Act Approval Not Yet Initiated
Super League Purchases 4 BTC at Approximately $80,581
Singapore Police: Ledger Wallet Tampering Incident Results in Loss of $2.7 Million
Solana DEX Market Share at 38%, Continues Price Decline
Yushu Technology's Net Profit Decreased by 17.37% in the Third Quarter
Korean Prabang Exchange Hacked, Losses Estimated at 100 Million KRW
Visa's Stablecoin Settlement Annual Transaction Volume Exceeds $25 Billion, Growing Tenfold Year-on-Year
FuriosaAI Completes $620 Million Financing, Valuation Reaches $2.9 Billion
