Recently, Canadian Litecoin-focused treasury firm Luxxfolio announced that it has added 2,413.464 Litecoin (LTC) to its reserves, bringing its total holdings to 24,439.464 LTC. The company emphasized that the latest acquisition enhances its digital asset portfolio while maintaining a debt-free financial structure.
Entering Mining Sector to Broaden Industry Presence
In addition to the recent purchase, Luxxfolio revealed the deployment of 20 Bitmain Antminer L9 16G machines to begin Litecoin mining operations. The company plans to gradually scale up its mining activities based on market demand, hardware availability, and power capacity.
- Current LTC holdings at 24,439.464
- Operating with zero debt
- Deployed 20 professional LTC mining rigs
These developments indicate Luxxfolio’s commitment to building a more diversified Litecoin-related business ecosystem and reflect strong confidence in the long-term value of Litecoin.