Luxxfolio Advances Litecoin Mining Strategy
Luxxfolio Holdings (OTCQB: LUXFD) has made significant progress in its Litecoin mining expansion strategy. The company has shortlisted potential properties in Alberta and Saskatchewan for large-scale mining operations and entered negotiations for next-generation mining equipment.
The expansion strategy serves multiple purposes: generating cash flow, acquiring Litecoin at below-market rates, contributing to network security, and augmenting treasury reserves. Luxxfolio aims to commence mining operations by the end of 2025, positioning itself as a leading public company in the Litecoin ecosystem.
Luxxfolio Holdings (OTCQB: LUXFD) ha compiuto progressi significativi nella sua strategia di ampliamento dell'attività di mining di Litecoin. La società ha selezionato diverse proprietà potenziali in Alberta e Saskatchewan per operazioni minerarie su larga scala e ha avviato trattative per dotarsi di apparecchiature minerarie di nuova generazione.
La strategia di espansione ha obiettivi multipli: generare flussi di cassa, acquisire Litecoin a prezzi inferiori al mercato, contribuire alla sicurezza della rete e rafforzare le riserve in cassa. Luxxfolio punta a iniziare le operazioni di mining entro la fine del 2025, posizionandosi come una delle società quotate di riferimento nell'ecosistema Litecoin.
Luxxfolio Holdings (OTCQB: LUXFD) ha logrado avances significativos en su estrategia de expansión de la minería de Litecoin. La empresa ha preseleccionado posibles propiedades en Alberta y Saskatchewan para operaciones mineras a gran escala y ha iniciado negociaciones para equipos de minería de nueva generación.
La estrategia de expansión persigue varios objetivos: generar flujo de caja, adquirir Litecoin por debajo del precio de mercado, contribuir a la seguridad de la red y aumentar las reservas del tesoro. Luxxfolio tiene como objetivo comenzar las operaciones de minería a finales de 2025, posicionándose como una empresa cotizada líder en el ecosistema Litecoin.
Luxxfolio Holdings (OTCQB: LUXFD)는 라이트코인 채굴 확장 전략에서 중요한 진전을 이루었습니다. 회사는 대규모 채굴 운영을 위해 앨버타와 서스캐처원의 후보 부지를 선정했으며 차세대 채굴 장비 도입을 위한 협상을 시작했습니다.
확장 전략은 여러 목적을 가지고 있습니다: 현금 흐름 창출, 시장 가격보다 낮은 가격으로 라이트코인 매입, 네트워크 보안 기여, 재무 보유고 보강. Luxxfolio는 2025년 말까지 채굴 작업을 개시하는 것을 목표로 라이트코인 생태계에서 선도적인 상장사로 자리매김하려 합니다.
Luxxfolio Holdings (OTCQB: LUXFD) a réalisé des progrès significatifs dans sa stratégie d'expansion du minage de Litecoin. La société a présélectionné des propriétés potentielles en Alberta et Saskatchewan pour des opérations minières à grande échelle et a entamé des négociations pour du matériel de minage de nouvelle génération.
La stratégie d'expansion poursuit plusieurs objectifs : générer des flux de trésorerie, acquérir des Litecoin à des tarifs inférieurs au marché, contribuer à la sécurité du réseau et renforcer les réserves de trésorerie. Luxxfolio vise à démarrer les opérations de minage d'ici la fin 2025, se positionnant comme une société cotée de premier plan dans l'écosystème Litecoin.
Luxxfolio Holdings (OTCQB: LUXFD) hat bedeutende Fortschritte bei seiner Expansion in die Litecoin-Mining-Strategie erzielt. Das Unternehmen hat potenzielle Grundstücke in Alberta und Saskatchewan für groß angelegte Mining-Betriebe auf eine Shortlist gesetzt und Verhandlungen über Mining-Hardware der nächsten Generation aufgenommen.
Die Expansionsstrategie verfolgt mehrere Ziele: Cashflow generieren, Litecoin unter Marktpreis erwerben, zur Netzwerksicherheit beitragen und die Treasury-Reserven stärken. Luxxfolio beabsichtigt, die Mining-Aktivitäten bis Ende 2025 aufzunehmen und sich so als führendes börsennotiertes Unternehmen im Litecoin-Ökosystem zu positionieren.
- Strategic expansion into Litecoin mining operations with potential properties identified in Alberta and Saskatchewan
- Opportunity to acquire Litecoin at below-market rates through mining operations
- Dual revenue strategy combining mining operations with treasury management
- Clear timeline for mining operations commencement by end of 2025
- No concrete property acquisitions or hardware agreements finalized yet
- Significant capital expenditure required for mining equipment and facilities
- Exposure to Litecoin price volatility and mining difficulty fluctuations
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2025) - Luxxfolio Holdings Inc. (CSE: LUXX) (OTCQB: LUXFD) (FSE: LUH0) ("Luxxfolio" or the "Company"), a leading Litecoin treasury and infrastructure company, is pleased to announce that it has advanced its Litecoin mining expansion strategy with progress on both facility planning and hardware negotiations.
The Company has narrowed its shortlist of potential properties in Alberta and Saskatchewan capable of supporting large-scale mining operations. Concurrently, Luxxfolio has entered into negotiations with hardware suppliers to secure favorable terms for next-generation mining equipment. These steps mark important milestones in the Company's plan to materially increase its hashrate capacity and reinforce its position as the leading public company aligned with the Litecoin ecosystem
Mining is more than an operational expansion for Luxxfolio — it is a cornerstone of the Company's broader Litecoin-focused strategy:
- Cash Flow Generation: Mining provides ongoing cash flows that can strengthen Luxxfolio's balance sheet and support long-term growth.
- Lower LTC Acquisition Costs: By mining directly, the Company effectively acquires Litecoin at below-market rates compared to open market purchases.
- Network Security: Mining contributes directly to the stability and resilience of the Litecoin network, aligning Luxxfolio with the ethos of decentralization and hard money.
- Treasury Alignment: Mining and treasury work hand-in-hand — mined Litecoin augments treasury reserves, while treasury strategy ensures long-term value capture for shareholders.
Highlights
- Shortlisted potential properties for mining expansion.
- Engaged in negotiations on hardware procurement costs.
- Expansion remains a core component of Luxxfolio's Litecoin-centric treasury and infrastructure strategy.
"Our mining strategy is about more than capacity — it's about reinforcing Litecoin's role as hard money. By combining a Litecoin treasury with active mining operations, we generate cash flow, acquire LTC at lower costs, and strengthen and support the very network we are building around. This dual approach positions Luxxfolio to lead the next wave of adoption and deliver long-term value to our shareholders," said Tomek Antoniak, CEO of Luxxfolio.
The Company will provide additional updates as milestones are reached, including final property selection, hardware agreements, and anticipated deployment timelines. Luxxfolio is targeting commencement of mining operations by the end of 2025
About LUXXFOLIO Holdings Inc.
Luxxfolio is a digital infrastructure and technology company focused on enabling the next generation of crypto-powered commerce. The Company is actively developing and investing in on-chain technologies that support real-world cryptocurrency use cases, including stablecoin payments, merchant processing, and self-custody wallets. Luxxfolio has adopted a Litecoin treasury strategy as part of its long-term vision. With a foundation in decentralized systems and digital assets, Luxxfolio aims to help accelerate the mainstream adoption of crypto for everyday payments.
Contact Information:
For more information, please contact:
Tomek Antoniak, CEO
Tel: (833) 928-8883
Email: tomek@luxxfolio.com
www.luxxfolio.com
This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including, without limitation, statements regarding Litecoin mining, the Company's anticipated business development and the results thereof, future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking statements". Forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, among others, the Company's limited operating history and lack of historical profits; risks related to the Company's business and financial position; fluctuations in the market price of the Company's common shares; that the Company may not be able to accurately predict its rate of growth and profitability; the Company's requirements for additional financing, and the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no intention to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265873
FAQ
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