Lite Strategy buys back 13% of shares using Litecoin treasury funds
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Lite Strategy Repurchases 13% of Outstanding Shares Since December, Increasing Litecoin Backing Per Share
July 30, 2026 8:30 AM EDTLite Strategy Buys Back Roughly 4.9 Million Shares at an Average Price of $1.11 with No Debt Incurred
SAN DIEGO, July 30, 2026 (GLOBE NEWSWIRE) -- Lite Strategy, Inc. (Nasdaq: LITS) (Lite Strategy or the Company), the first U.S. public company to adopt Litecoin (LTC) as its primary treasury reserve asset, today announced that since it commenced utilization of its Share Repurchase Program (the Program) in December 2025 and through July 17, 2026, it has repurchased approximately 4.9 million shares of its common stock, or 13% of the shares outstanding at the time the Program commenced. The Company deployed approximately $5.4... More
