Home > Quick > Body

Luxxfolio plans to raise $73 million to expand Litecoin's treasury strategy

clock
2025-08-29 03:27:52
On August 29th, Canadian company Luxxfolio plans to raise 73 million dollars to expand the Litecoin (LTC) treasury strategy. Litecoin founder Charlie Lee joined its advisory board at the end of June.
Notably, the company reported zero revenue in the second quarter, a net loss of $197,000, only $112,000 in cash reserves, and a cumulative loss of nearly $19 million.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.