Lite Strategy Stock Faces Litecoin Setback
Lite Strategy Inc shares were higher in midday trading Wednesday in the U.S., while Litecoin edged lower. The small crypto-treasury's valuation on Nasdaq is drawing attention as traders work to close the gap. The stock traded as high as $0.87 and as low as $0.80, last changing hands at $0.83 for a 1.7% gain. Volume was around 349,000 shares. Litecoin, Lite Strategy’s core reserve asset, fell 1.5% to $47.47.