Lite Strategy (LITS) Company Report

Analyst Coverage

Research analysts covering Lite Strategy.

Recent press releases and 8-K filings for LITS.

Lite Strategy, Inc. Formalizes CEO Appointment and Executive Compensation

LITS

CEO Change

Executive Compensation

Lite Strategy, Inc. (LITS) entered into an employment agreement with Justin J. File on December 23, 2025, formalizing his appointment as Chief Executive Officer, effective November 14, 2025. He continues to serve as Chief Financial Officer and Secretary.
The agreement sets Mr. File's annual base salary at $575,000, effective October 1, 2025, and includes a target annual bonus opportunity of 50% of his base salary for the fiscal year beginning July 1, 2025.
Key severance provisions include a lump sum payment equal to 12 months of base salary, monthly COBRA reimbursements for up to 12 months, a pro-rata target annual bonus, and accelerated vesting of stock options equivalent to an additional 12 months of employment, applicable if terminated without cause, for good reason, or due to death/disability.
In certain change-in-control scenarios, Mr. File's outstanding stock options will fully vest and become exercisable.

Dec 30, 2025, 11:00 AM

Lite Strategy, Inc. Authorizes Share Repurchase Program

LITS

Share Buyback

Lite Strategy, Inc. (LITS) announced that its Board of Directors authorized a common stock repurchase program.
Under the program, the company may purchase up to $25 million of its common stock, effective immediately.
The program aims to optimize the company's nearly 1 million Litecoin treasury and enhance stockholder value, financed by available working capital.