Lite Strategy Announces 2026 Fiscal Year Results, Invested a Total of 100 Million US Dollars in Purchasing LTC
2026-09-29 21:26:22
CoinMeta US stock news: LTC, a digital asset treasury company Lite Strategy ( Nasdaq : LITS ), announced its financial results for the fiscal year 2026. The company stated that during the fiscal year, it invested a total of $100 million to purchase over 900,000 LTC. As of June 30, it held 832,716 LTC, which accounted for more than 1% of the total LTC that had been mined at that time. Lite Strategy has launched a LTC covered call option plan and a stock repurchase plan of up to $25 million. As of September 22, approximately 6.4 million shares were repurchased, accounting for about 17% of the issued shares, and the option plan has accumulated approximately $930,000 in premium income. As of June 30, the company's total assets were $42.7 million, with no debt.
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