Litecoin treasury company Lite Strategy announces $25 million stock buyback program

Odaily Planet Daily reports that Nasdaq-listed Litecoin treasury company Litecoin Strategy has announced its board of directors has approved a $25 million share buyback program. The timing and number of shares to be repurchased will depend on market conditions. According to data disclosed on Litecoin's website, the company currently holds 929,548.46 LTC, with a market value of approximately $92,425,003. Litecoin founder Charlie Lee is a member of the company's board of directors. (Globenewswire)