Lite Strategy Reports $100 Million Investment in Over 900,000 LTC for Fiscal Year 2026
Lite Strategy (Nasdaq: LITS) announced its fiscal year 2026 results, marking its first full year implementing a Litecoin treasury strategy. The company invested $100 million to acquire over 900,000 LTC, holding 832,716 LTC as of June 30, representing over 1% of the total circulating supply. Additionally, the company repurchased approximately 6.4 million shares of LITS as of September 22, accounting for about 17% of its outstanding shares. The firm also reported $930,000 in premium income from its covered call option strategy as of September 22.
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