Lite Strategy completes $5.4 million Litecoin‑funded share buyback

Lite Strategy, a Nasdaq‑listed company that holds Litecoin as its primary reserve asset, repurchased 4.9 million shares for about $5.4 million. The buyback represented roughly 13 % of the company’s outstanding shares and was executed at an average price of $1.11 per share.

The transaction was financed without debt: approximately 11.87 % of the funding came from selling Litecoin from the treasury and 1.13 % from premiums earned on covered‑call options. After the repurchase, Lite Strategy reported holding 819,070 LTC against 31,882,648 shares, raising the Litecoin backing per share by about 1.66 %. The move is intended to increase per‑share exposure to the cryptocurrency while reducing share count.