Lite Strategy $25M Share Repurchase
The firm will buy shares when prices fall below market value of net assets.Lite Strategy Moves Into Active Treasury ManagementLite Strategy, Inc. (NASDAQ: LITS) has authorised a $25 million share repurchase programme. The decision was approved by its Board of Directors. It signals a major shift in how the company manages its digital asset treasury.Lite Strategy is the first U.S.-listed company to hold Litecoin as its primary reserve asset. It was formerly known as MEI Pharma. After years focused on drug dev ...