Luxxfolio Prepares Massive Investment in Litecoin Amid Losses
Date: 2025-09-01 Author: Gabriel Deangelo Categories: BUSINESS
Canadian cryptocurrency infrastructure company Luxxfolio has announced its intention to increase its investment in Litecoin (LTC), despite significant losses. The company has already become the first organization in the world to define LTC as a primary treasury asset, having previously acquired more than 20 thousand coins worth about $2.3 million.
Now Luxxfolio plans to place securities and raise $73 million to use for new digital asset purchases. However, this step is possible only if it receives permission from Canadian regulators.
The choice of Litecoin has raised questions among experts, since most cryptocurrency treasury structures usually prefer Bitcoin, Ethereum or BNB, which have a larger capitalization. Luxxfolio CEO Tomek Antoniak explained the company's strategy by considering LTC a "hard currency." His words are supported by statistics: the Litecoin rate has grown by about 10% in 2025, and by almost 100% over the past five years. At the same time, the asset's volatility remains relatively moderate compared to other digital currencies.
The company's financial situation remains difficult. According to the results of the quarter ending May 31, 2025, Luxxfolio did not receive any income and showed a loss of 268 thousand Canadian dollars, which is 25 times worse than the result of the same period last year. The company has just over 138 thousand Canadian dollars left in its accounts, which puts its continued existence at risk in the event of another unsuccessful quarter.
Antoniak hopes that a bold strategy with LTC will help attract the attention of investors and give the company a chance to survive. Its long-term goal is to accumulate about 1 million LTC by the end of 2026, which is equivalent to $113 million at the current rate.
Luxxfolio is thus betting on Litecoin as a tool that can save the company from collapse. The market, in turn, is closely monitoring the development of the situation: the success or failure of this initiative may determine not only the fate of the company itself, but also the formation of new trends in the field of cryptocurrency corporate reserves.
