Fundraising push for Litecoin treasury strategy
Toronto, August 29, 2025 – Luxxfolio Holdings Inc., a Canadian crypto infrastructure firm, has filed a CAD$100 million (US$73 million) shelf prospectus with Canadian regulators. The raise, announced at 1:32 PM IST, aims to accelerate the company’s Litecoin treasury strategy.
Key Takeaways
- Luxxfolio files a CAD$100M (US$73M) prospectus to expand its Litecoin treasury strategy.
- The firm currently holds 20,084 LTC and aims for 1 million LTC by 2026.
- Market reaction may drive LTC higher, but Luxxfolio’s fragile finances pose risks.
- Success could boost Litecoin’s institutional adoption and reshape corporate treasury models.
The fundraising, spread over 25 months through shares, debt, or other securities, supports Luxxfolio’s plan to acquire 1 million LTC by 2026. The firm currently holds 20,084 LTC, valued at around $1.2 million, anchoring its pivot toward Litecoin as a core treasury asset.
From mining pivot to Litecoin treasury strategy
Luxxfolio began its Litecoin treasury strategy in July 2025. It became the first listed firm to report LTC as its primary reserve. This move followed its exit from Bitcoin mining and the appointment of Litecoin creator Charlie Lee to its advisory board in June.
Despite the strategic pivot, the company’s Q2 2025 filings revealed only $112,000 in cash and cumulative losses of $19 million since 2017. A recent $844,000 private placement offered temporary relief. However, the new raise underscores ongoing financial urgency.
Market impact of Litecoin treasury strategy
If successful, the $73 million fundraising could influence LTC’s price. It would signal stronger institutional demand. Analysts suggest that broader adoption of a Litecoin treasury strategy could attract other firms, boosting liquidity and reducing volatility.
Over the long term, Luxxfolio’s target of 1 million LTC could lift Litecoin’s market cap. It might grow from $5 billion toward $50 billion. Success may also shape Canadian regulatory clarity and inspire global corporations to diversify into altcoins, strengthening Litecoin’s role in payments and DeFi applications.
