Luxxfolio's $100M Litecoin Treasury: 1 Million LTC Target
Luxxfolio, a Canadian publicly traded company, announced a strategy to accumulate 1 million LTC as its primary corporate treasury reserve — valued at approximately $100 million at announcement. This makes Luxxfolio the first public company to anchor its corporate treasury specifically in Litecoin, following the corporate Bitcoin treasury model pioneered by MicroStrategy.
- Target: 1 million LTC treasury reserve (~$100M at time of announcement)
- Luxxfolio trades on a Canadian exchange as a publicly listed company
- First public company to specifically anchor its treasury in Litecoin
- Strategy follows MicroStrategy's corporate Bitcoin treasury model
- Acquisition funded through operations and equity offerings
Full interactive article with on-chain data available at ltc.supply/news/luxxfolio-litecoin