Litecoin treasury company Lite Strategy launches $25 million stock buyback plan
Jinse Finance reported that Nasdaq-listed Litecoin treasury company Lite Strategy announced that its board of directors has approved a $25 million stock repurchase program. The timing and specific number of shares to be repurchased will depend on market conditions. According to Lite Strategy's official website holdings data, the company currently holds 929,548.46 LTC, with a portfolio value of approximately $92,425,003. Litecoin founder Charlie Lee is a member of the company's board of directors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SOL treasury companies and ETF total holdings exceed 24.2 million SOL, equivalent to approximately $3.44 billions
Institutions increased their BTC holdings by over $500 million in the past 30 days


Adam Back: Strategy's leverage ratio is very low, previously only transferred BTC to another custodian and did not sell
