Luxxfolio Files Prospectus to Expand Litecoin Holdings

TLDR

Table of Contents

Luxxfolio files prospectus to raise funds for expanding its Litecoin holdings over 25 months.
The company’s treasury strategy focuses on Litecoin, marking a significant shift from Bitcoin.
Luxxfolio becomes the first publicly traded firm to anchor its treasury in Litecoin.
Corporate adoption of digital assets grows, with companies diversifying into Litecoin and Ethereum.

Former Bitcoin mining company Luxxfolio has filed a preliminary short-form base shelf prospectus with Canadian regulators. The filing aims to raise up to CAD $100 million (around US$72.6 million) through securities over the next 25 months. The funds will be used to expand the company’s Litecoin (LTC) holdings, signaling a shift in its corporate strategy.

Strategic Focus on Litecoin

Luxxfolio, which transitioned away from Bitcoin mining operations in July 2025, has pivoted its focus to Litecoin. This move came after completing a $2.5 million private placement. As a result, the company significantly increased its LTC reserves to 20,084 coins. The growth is part of a larger treasury strategy, with the company aiming to accumulate more Litecoin in its efforts to boost global adoption of the cryptocurrency.

This shift is notable as Luxxfolio became the first publicly traded firm to anchor its treasury in Litecoin. The company’s unique strategy was highlighted by its increase in Litecoin-per-share yield, which reached 151.6%. As of March 31, 2025, the company held approximately 30,020 litoshis per share, a number that has grown to 75,539 litoshis per share after its recent expansion.

A Growing Trend in Corporate Crypto Adoption

Luxxfolio’s decision is part of a broader trend in which companies are increasingly using digital assets as a treasury strategy. The movement gained momentum with firms like MicroStrategy, led by Michael Saylor, which holds over 3% of Bitcoin’s total supply. This strategy is now becoming more common among publicly traded firms looking to secure long-term value through digital assets.

Meanwhile, other companies are also diversifying their cryptocurrency holdings. For example, Trump’s Thumzup Media recently approved including Litecoin in its treasury, alongside other major digital assets. The trend signals a growing acceptance of digital currencies in corporate financial management.

Other Major Players in Crypto Treasuries

In addition to Luxxfolio, companies like Bitmine, led by Tom Lee, are expanding their digital asset holdings. Bitmine is on track to accumulate up to 5% of Ethereum’s total supply.

The firm already holds 1.7 million ETH but needs an additional 4.3 million to reach its goal. These moves further highlight the increasing adoption of cryptocurrency in corporate treasuries.

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