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Lite Strategy Reports Fiscal Year 2026 Financial Results

Globe Newswire•29/09/2026•08:30 ET
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Key Highlights

  • ➤$100.0 million deployed into over 900,000 LTC under new treasury strategy
  • ➤832,716 LTC held at June 30, 2026, exceeding 1% of LTC mined
  • ➤6.4 million LITS shares repurchased through September 22, 2026, or 17% outstanding
  • ➤$930,000 covered-call premium proceeds generated through September 22, 2026
  • ➤$1.0 million strategic investment led in LitVM Layer-2 platform

Expert Statements

Jay File, CEO & CFO of Lite Strategy

“Fiscal 2026 was the year we built the base for a Litecoin-centered treasury program”

Jay File, CEO & CFO of Lite Strategy

“We deployed $100 million into Litecoin with institutional custody alongside professional management through GSR Strategies, then launched a covered call program ahead of schedule that generates recurring proceeds.”

Jay File, CEO & CFO of Lite Strategy

“Those proceeds, together with the strategic utilization of our Litecoin balance, are designed to allow us the ability to monetize our discount to NAV and put more Litecoin behind every share via our ongoing buyback program.”

Jay File, CEO & CFO of Lite Strategy

“As we move into our first full year of DAT operations, we anticipate that our focus will be on accretive buybacks, expanded yield opportunities, lower operational costs and cash burn, while continuing to evaluate strategic opportunities to expand Litecoin’s utility and growth of the Litecoin ecosystem.”

Charlie Lee, Board Member of Lite Strategy and creator of Litecoin

“Together, these efforts introduce a comprehensive, tailored securities offering regime intended to address long-standing barriers to responsible capital formation and innovation within domestic crypto asset markets, while preserving the investor protections at the core of federal securities laws.”

SAN DIEGO, Sept. 29, 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 announced financial results for the fiscal year ended June 30, 2026.

Fiscal year 2026 was the Company's first fiscal year operating under the LTC treasury strategy that commenced in August 2025. The Company deployed $100.0 million to acquire over 900,000 LTC, built the foundation of an active digital asset treasury by establishing institutional custody and professional asset management, and launched active digital asset treasury operations. Each of these elements is directed at increasing the LTC backing behind every share of LITS common stock.

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