Lite Strategy Repurchases 13% of Shares, Increasing Litecoin Backing

Lite Strategy, Inc. announced it has repurchased 13% of its outstanding common stock, or approximately 4.9 million shares, since December 2025 through July 17, 2026. The company deployed $5.4 million at an average price of $1.11 per share, funding the buybacks entirely through active treasury operations without incurring any debt. This strategy aimed to monetize the discount of its stock to the net asset value of its underlying Litecoin treasury asset, effectively increasing the amount of Litecoin backing each remaining share. The company reported preliminary fiscal year 2026 cash of $5.7 million and total liabilities of $1.1 million.