Derived from Jinse, Nasdaq-listed Litecoin treasury company Lite Strategy has announced a $25 million stock buyback plan approved by its board. The timing and number of shares to be repurchased will depend on market conditions. As of now, the company holds 929,548.46 LTC, valued at approximately $92.43 million, according to data disclosed on its official website. Litecoin founder Charlie Lee is a board member of the company.
Lite Strategy Announces $25M Stock Buyback Plan
JinseShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.