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

Foresight News reported that Nasdaq-listed Litecoin treasury company Lite Strategy has announced that its board of directors has approved a $25 million stock buyback plan. The timing and specific number of shares to be repurchased will depend on market conditions. According to Lite Strategy's official website, as of now, the company holds 929,548.46 LTC, with a portfolio value of approximately $92,425,003. Litecoin founder Charlie Lee is a member of the company's board of directors.