Lite Strategy buys back 13% of shares since December, boosting Litecoin backing per share

Lite Strategy, Inc. (Nasdaq: LITS) said on July 30, 2026 that since it commenced utilization of its Share Repurchase Program in December 2025 and through July 17, 2026, it has repurchased approximately 4.9 million shares of its common stock, or 13% of the shares outstanding at the time the Program commenced.¹ The Company deployed approximately $5.4 million at an average price of $1.11 per share and funded the repurchases entirely through its active treasury operations.¹

The company said it commenced the program when its shares were trading at a discount to the net asset value of the underlying Litecoin treasury asset, which reached the low 40% range during the repurchase period.¹ Since then, that discount has narrowed to below 25%.¹ As of the most recent update, Lite Strategy holds 819,070 LTC against 31,882,648 shares outstanding.¹

The buybacks were financed entirely from treasury operations consisting of Litecoin sales and covered call premiums.¹ Lite Strategy said at a moment when many other digital asset treasury companies are borrowing against their crypto holdings to fund buybacks, Lite Strategy's balance sheet continues to carry no debt.¹

On cash position, the company said it ended fiscal year 2026 with cash of $5.7 million and total liabilities of $1.1 million.¹ However, the filing cautioned that because the Company's financial statements for the fourth quarter and full year ended June 30, 2026 have not yet been finalized or audited, the preliminary estimates, including LTC held and shares outstanding, are subject to change, and final results may differ materially.¹

Looking ahead, the company said it intends to continue the repurchase program for as long as it remains value accretive to stockholders, and plans to keep funding buybacks through active treasury management only, preserving its low-burn operations and debt-free status.¹