Lite Strategy Funds $5.4M Buyback With Litecoin Sales And Covered Calls
Lite Strategy has repurchased 4.9 million shares for $5.4 million, utilizing Litecoin treasury exercise and covered-call premiums to fund the buyback. The firm stated the repurchase represented 13% of shares excellent, with a mean value of $1.11 per share. The validated notes present Lite Strategy holding 819,070 LTC in opposition to 31,882,648 shares excellent after…