Lite Strategy, Inc. 8K
0001193125-26-325026
View on SEC EDGARLite Strategy, Inc. reported significant progress on its debt-free share repurchase program, buying back about 13% of its shares below NAV using Litecoin treasury operations and providing preliminary year-end 2026 liquidity and liability figures.
Lite Strategy, Inc. announced that under its share repurchase program begun in December 2025, it has bought back approximately 4.9 million shares of common stock, representing about 13% of shares outstanding at program inception, at an average price of $1.11 per share using roughly $5.4 million funded entirely from active Litecoin-based treasury operations and without incurring debt. Management emphasized that repurchases were executed while the stock traded at a significant discount to the net asset value of the company’s Litecoin holdings, which they believe increased the amount of LTC backing each remaining share and narrowed the NAV discount from the low 40% range to below 25%. As of July 17, 2026, the company preliminarily estimates holding 819,070 LTC against 31,882,648 shares outstanding, and indicated it intends to continue the buyback program as long as it remains value accretive, while maintaining low operating cash burn and a debt-free balance sheet. The company also provided preliminary, unaudited figures indicating it ended fiscal year 2026 with approximately $5.7 million of cash and $1.1 million of total liabilities, cautioning that these estimates, along with LTC holdings and share count, are subject to change pending completion of closing procedures and an independent audit.
Filing Facts
- CIK
- 1262104
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001193125-26-325026
- Alert Tier
- 6