Lite Strategy, a Litecoin treasury company listed on Nasdaq under the ticker LITS, has released results for the fiscal year ended June 30, 2026, according to Globenewswire. The company said fiscal 2026 was the first full year after it adopted its LTC treasury strategy.
It said it had deployed $100 million to acquire more than 900,000 LTC. As of June 30, the company held 832,716 LTC, which it said accounted for more than 1% of the current mined Litecoin supply.
Lite Strategy also disclosed progress under its share repurchase program. It said it had bought back about 4.4 million LITS shares, equal to roughly 12% of shares outstanding. As of Sept. 22, cumulative repurchases had reached about 6.4 million shares, or about 17% of shares outstanding.
The company added that, since launching its covered call strategy on LTC, it had generated about $930,000 in options premium income as of Sept. 22.
Lite Strategy, a Litecoin treasury company listed on Nasdaq under the ticker LITS, reported financial results for the fiscal year ended June 30, 2026, according to Globenewswire.
The company said fiscal 2026 was the first full year after it put its LTC treasury strategy in place. It said it had deployed $100 million to buy more than 900,000 LTC. As of June 30, Lite Strategy held 832,716 LTC, representing more than 1% of the current mined Litecoin supply.
Lite Strategy also said it had repurchased about 4.4 million LITS shares under its buyback program, equal to about 12% of shares outstanding. As of Sept. 22, cumulative repurchases had risen to about 6.4 million shares, or about 17% of shares outstanding.
The company also disclosed that, since launching its covered call strategy on LTC, it had generated about $930,000 in options premium income as of Sept. 22.
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