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Lite Strategy buys 900K+ Litecoin, holding over 1% of total supply, boosts treasury and share buybacks.

Protocol Fundamentals
29 Sep 2026
Tokenpost
View Source
Bullish
Lite Strategy buys 900K+ Litecoin, holding over 1% of total supply, boosts treasury and share buybacks.

Lite Strategy invested $100 million in fiscal 2026 to acquire over 900,000 Litecoin (LTC), growing its treasury to more than 1% of all mined LTC. By June 30, it held 832,716 LTC, marking the first full year of this strategy. The company also repurchased about 6.4 million shares, or 17% of its outstanding shares, and generated $930,000 from a covered-call options strategy linked to its LTC holdings. These moves highlight a strong commitment to LTC and shareholder value enhancement.

As of Sep 29, 2026 20:23 WIB, Litecoin (LTC) trades at Rp1.234.601 on Pluang, showing a 2.32% decline in the past day. The platform records a strong buying interest with 87% of order activity favoring purchases and a typical hold time of 78 days. Litecoin's circulating supply on Pluang is 77.7 million LTC, representing 93% of the total 84 million LTC mined, highlighting the significance of Lite Strategy's holding of over 1% of the mined supply in the broader market context.

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