Lite Strategy: Spent $100 Million to Acquire Over 900,000 LTC in Fiscal Year 2026, Holdings Exceed 1% of Total Mined Supply

Odaily News: Litecoin treasury company Lite Strategy has released its financial results for the fiscal year ended June 30, 2026. According to reports, fiscal year 2026 was its first full fiscal year since implementing its LTC treasury strategy. The company disclosed that it deployed $100 million during the fiscal year to purchase over 900,000 LTC; as of June 30, its holdings stood at 832,716 LTC, representing more than 1% of the total LTC mined to date. Regarding share buybacks, the company's previous buyback round repurchased approximately 4.4 million shares of LITS, representing about 12% of outstanding shares; as of September 22, total buybacks had increased to approximately 6.4 million shares, raising the proportion to about 17%. Additionally, from the launch of its LTC covered call strategy through September 22, the company has recorded approximately $930,000 in option premium income. (Globenewswire)