---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-220697"
form_type: "8-K"
ticker: "LITS"
cik: "0001262104"
company_name: "Lite Strategy, Inc."
filed_at: "2026-05-13T12:35:15+00:00"
generated_at: "2026-05-13T12:40:57.555137+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Lite Strategy reports $0.7M yield from LTC covered calls, repurchases 1.6M shares

## Summary
- Generated $0.7M net proceeds from covered call program on LTC holdings since Oct 2025.
- Repurchased 1,629,136 shares using covered call proceeds and 35,250 LTC since Oct 2025.
- SEC issued March 2026 guidance indicating LTC exhibits characteristics of a digital commodity.
- Plans to continue scaling covered call program and executing on $25M share repurchase authorization.
- Pharmaceutical operations advancing pre-clinical programs as potential non-dilutive capital source.

## SEC filing metadata
- accession: 0001193125-26-220697
- form_type: 8-K
- ticker: LITS
- cik: 0001262104
- company_name: Lite Strategy, Inc.
- filed_at: 2026-05-13T12:35:15+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262104/000119312526220697/0001193125-26-220697-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262104/000119312526220697/lits-20260513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-220697
- JSON: https://secwatch.observer/filing/0001193125-26-220697.json
- Plain text: https://secwatch.observer/filing/0001193125-26-220697.txt

## Key facts
- Earnings Releases
  Lite Strategy, Inc. reported financial results for the fiscal 2026 third quarter ended March 31, 2026.
  - Period: the fiscal 2026 third quarter ended March 31, 2026
  - Result: reported results
  source text: On May 13, 2026, Lite Strategy, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1262104/000119312526220697/0001193125-26-220697-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.