Lite Strategy, Inc. (Nasdaq: LITS) reported financial results for the fiscal 2026 second quarter, ending December 31, 2025. The company successfully implemented a covered call option program, generating $600,000 in cash. Additionally, Lite Strategy initiated a $25 million stock repurchase program and began pre-clinical research activities in pharmaceutical operations.

Lite Strategy plans to continue implementing strategies with GSR to execute the share repurchase program and explore strategic investments. Litecoin, the company’s primary reserve asset, is the second-oldest cryptocurrency designed for speed, cost, and privacy. With a cap of 84 million coins, Litecoin is optimized for global payments and personal financial privacy.

Lite Strategy, Inc. is the first publicly traded company in the U.S. to adopt Litecoin as its primary reserve asset, expanding beyond drug candidates to focus on digital asset treasury strategies. Forward-looking statements indicate potential risks and uncertainties related to the company’s activities and future performance. CEO and CFO Justin J. File can be contacted for more information at 858-898-0976 or [email protected].

Read more at GlobeNewswire: Lite Strategy Reports Fiscal 2026 Second Quarter Results