Lite Strategy Repurchases 13% of Shares Since December 2025, Funded Without Debt
Lite Strategy said it bought back about 4.9 million shares, or 13% of shares outstanding when the program began, from December 2025 through July 17, 2026, at an average price of $1.11 for about $5.4 million. The company said the buybacks were funded from Litecoin sales and covered call premiums, and that its NAV discount narrowed from the low 40% range to below 25%, which raises Litecoin held per remaining share. The company also reported preliminary, unaudited fiscal year-end cash of $5.7 million and total liabilities of $1.1 million.
Key points
- About 4.9 million shares repurchased through July 17, 2026, at an average price of $1.11, for about $5.4 million.
- Company held 819,070 LTC against 31,882,648 shares outstanding as of July 17, 2026.
- NAV discount narrowed to below 25% from the low 40% range during the repurchase period.
- Preliminary, unaudited cash of $5.7 million and total liabilities of $1.1 million as of June 30, 2026; final results may differ materially.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.