Lite Strategy Funds $5.4M Buyback With Litecoin Sales And Covered Calls
Lite Strategy repurchased 4.9 million shares for $5.4 million, equal to about 13% of shares outstanding, at an average price of $1.11 per share. The company funded the buyback mainly through treasury activity: 11.87% from selling Litecoin and 1.13% from covered-call premiums. After the transaction, it reported holding 819,070 LTC and 31,882,648 shares outstanding. The move highlights a shift in crypto-treasury strategy from simple accumulation to per-share asset management. The stated هدف is to increase Litecoin backing for each remaining share. Covered calls add income but can limit upside, while selling LTC to repurchase shares can improve per-share exposure if the stock is undervalued. The key metric is whether LTC per share rises after the transaction.
