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.