The company said the repurchase, funded partly by Litecoin sales and covered-call premiums, reduced shares outstanding by 13% and was aimed at increasing LTC backing per remaining share.
Lite Strategy said it repurchased 4.9 million shares for $5.4 million at an average price of $1.11 each, a transaction the company described as equal to 13% of shares outstanding. Validated notes showed the company holding 819,070 LTC against 31,882,648 shares outstanding after the buyback. The funding came from treasury operations, with 11.87% sourced from selling Litecoin and 1.13% from covered-call premiums (income from selling call options against held assets). The stated objective was to increase the amount of Litecoin backing each remaining common share, highlighting how crypto treasury companies are increasingly being assessed on per-share asset exposure rather than headline token holdings alone.