Recent Updates — LITS
Lite Strategy, Inc. announced that it repurchased approximately 4.9 million shares, representing 13% of outstanding stock since December 2025, at an average price of $1.11 per share for a total cost of roughly $5.4 million. The company funded these buybacks entirely through treasury operations, including Litecoin sales and covered call premiums, without incurring debt. As of July 17, 2026, Lite Strategy holds 819,070 LTC against 31,882,648 shares outstanding, having narrowed the discount to net asset value from the low 40% range to below 25%. The company ended fiscal year 2026 with preliminary cash of $5.7 million and total liabilities of $1.1 million. Lite Strategy is a U.S. publicly traded company that adopts Litecoin as its primary treasury reserve asset.