Lite Strategy, the Litecoin treasury company, announced a $25 million stock buyback plan

ChainCatcher news, according to GlobeNewswire, Nasdaq-listed Litecoin treasury company Lite Strategy announced that its board has approved a stock repurchase plan of up to $25 million, with the timing and specific number of shares to be repurchased depending on market conditions.

According to the holdings data disclosed on Lite Strategy's official 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.