Canadian crypto treasury firm Luxxfolio Holdings has entered the Litecoin mining sector. The company deployed its first batch of Bitmain Antminer L9 Scrypt miningCanadian crypto treasury firm Luxxfolio Holdings has entered the Litecoin mining sector. The company deployed its first batch of Bitmain Antminer L9 Scrypt mining

LTC Price to Rally as Luxxfolio Rolls Out Litecoin Mining and Increases LTC Treasury

2026/02/12 04:18
3 min read

Canadian crypto treasury firm Luxxfolio Holdings has entered the Litecoin mining sector. The company deployed its first batch of Bitmain Antminer L9 Scrypt mining units, transitioning from setup to active participation on the Litecoin network.

Hosted at DMG Blockchain Solutions’ Christina Lake facility in British Columbia, the mining operation is part of Luxxfolio’s broader strategy to align treasury accumulation with on-chain network support. The company aims to grow its Litecoin reserves while supporting the blockchain’s infrastructure and resilience.

LTC Price to Rally as Luxxfolio Rolls Out Litecoin Mining and Increases LTC Treasury

Luxxfolio Increases Litecoin Holdings and Starts Active Mining

Luxxfolio added 2,413.464 LTC to its treasury, bringing total Litecoin holdings to 24,439.464 LTC. The company stated that all reserves remain unencumbered and debt-free.

This accumulation reflects a strategic focus on shareholder value, with the Litecoin-per-share ratio rising from 30,020 litoshis in March 2025 to 73,686 litoshis at present. The company has 33,167,164 common shares outstanding and aims to increase these metrics over time.

CEO Tomek Antoniak said in a statement, “Mining is a core pillar of our Litecoin-focused strategy. We generate LTC directly and support the network we are aligned with.”

Luxxfolio’s mining equipment is hosted under an agreement with DMG Blockchain Solutions Inc., a Canadian crypto infrastructure provider. The agreement includes access to institutional-grade services such as power delivery, infrastructure management, and daily operational oversight.

The company initially deployed 20 Bitmain Antminer L9 16G units. It plans to scale mining further depending on market conditions, hardware availability, and power resources. Subsequently, Luxxfolio has described the mining launch as a “pivotal moment” in aligning its treasury model with real-time blockchain validation and participation.

Company Announces Board Change Amid Strategic Execution

In the same update, Luxxfolio announced that board member Ms. Ieva Guoga has resigned. The company thanked her for her service and confirmed it will continue sharing updates on mining and corporate progress.

Luxxfolio said its focus will remain on enhancing Litecoin-per-share value and expanding operations as conditions allow. It also reaffirmed its commitment to long-term shareholder alignment through network participation and disciplined LTC accumulation.

The Litecoin Foundation has acknowledged the announcement on social media, noting Luxxfolio's milestone and growing reserves as the firm deepens its integration into the Litecoin ecosystem.

LTC Price Analysis as Bears Maintain Control

Litecoin's price has remained in a bearish structure on the daily chart, despite operational advances. The LTC price at press time is trading around $52.32 and is consolidating between $50 and $55.

According to the 24-hour price chart on TradingView, the LTC price action shows consistent lower highs and lower lows, while the Supertrend remains bearish at around $64.79. This pattern mostly means the bearish trend may persist, as no clear bullish reversal has formed yet.

Source: TradingView

On the LTCUSD price chart, the MACD remains negative, while the stochastic oscillator is flattening in the mid-zone. With the MACD blue line moving below the signal line and stochastic RSI dipping below its signal line, too, selling pressure may continue. However, since the stochastic RSI is in the oversold region below 30, a bullish recovery my be on the way.

Consequently, analysts are watching resistance levels at $55, $60, and $64, while support remains at $50 and $45. A drop below $45 could open the path toward $40 if bearish momentum resumes.

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