Lite Strategy says it spent $100 million on LTC in fiscal 2026, with holdings above 1% of mined supply

Lite Strategy says it spent $100 million on LTC in fiscal 2026, with holdings above 1% of mined supply

N
News Editor
2026-09-29 12:48:31
Lite Strategy, a Litecoin treasury company, reported results for the fiscal year ended June 30, 2026, saying the period marked the first full fiscal year since it adopted its LTC treasury strategy. According to the company’s disclosure carried by Globenewswire, it deployed a total of $100 million during the year to acquire more than 900,000 LTC. As of June 30, its holdings stood at 832,716 LTC, which the company said represented more than 1% of the current mined Litecoin supply. The company also updated investors on its share repurchase activity. An earlier buyback round had retired about 4.4 million LITS shares, or roughly 12% of shares outstanding. As of Sept. 22, total repurchases had increased to about 6.4 million shares, lifting that proportion to around 17%. Lite Strategy added that its covered call strategy tied to LTC had generated about $930,000 in option premium income from launch through Sept. 22.

Lite Strategy, a Litecoin treasury company, reported financial results for the fiscal year ended June 30, 2026. According to the disclosure carried by Globenewswire, fiscal 2026 was the first full fiscal year since the company began implementing its LTC treasury strategy.

The company said it deployed a total of $100 million during the fiscal year to buy more than 900,000 LTC. As of June 30, it held 832,716 LTC, equal to more than 1% of the current mined Litecoin supply.

On share repurchases, Lite Strategy said a previous buyback round had repurchased about 4.4 million LITS shares, representing roughly 12% of shares outstanding. As of Sept. 22, total repurchases had risen to about 6.4 million shares, or around 17%.

The company also said that, from the launch of its LTC covered call strategy through Sept. 22, it had recorded about $930,000 in options premium income.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
1600

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.