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Canadian Company Luxxfolio Plans to Raise $73 Million to Expand Litecoin Treasury Strategy
Summary: According to Decrypt, Canadian company Luxxfolio plans to raise $73 million to expand its Litecoin (LTC) treasury strategy, with Litecoin founder Charlie Lee joining its advisory board at the end of June. It is worth noting that the company reported zero revenue in the second quarter, with a net loss of $197,000, cash reserves of ...
According to Decrypt, Canadian company Luxxfolio plans to raise $73 million to expand its Litecoin (LTC) treasury strategy, with Litecoin founder Charlie Lee joining its advisory board at the end of June.
It is worth noting that the company reported zero revenue in the second quarter, with a net loss of $197,000, cash reserves of only $112,000, and accumulated losses nearing $19 million.
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Link: Canadian Company Luxxfolio Plans to Raise $73 Million to Expand Litecoin Treasury Strategy [Copy]
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Link: Canadian Company Luxxfolio Plans to Raise $73 Million to Expand Litecoin Treasury Strategy [Copy]
