Luxxfolio Litecoin Treasury Reaches 26,838 LTC After Mining Fleet Expansion
Luxxfolio Holdings Inc. reported estimated Litecoin treasury holdings of 26,838.23 LTC as of November 2026, following an expansion of its mining operations to 338 Scrypt machines. The Canadian company said its growing reserve reflects a combination of previously acquired Litecoin and coins generated through its mining activities.
In a corporate update published on November 12, 2026, Luxxfolio valued its estimated holdings at approximately $1.3 million. The company’s public dashboard also showed cumulative Litecoin production of 3,599.13 LTC as of November 9.
Luxxfolio Reports 1,514 LTC Received in 30 Days
Luxxfolio said it received 1,514.58 LTC during the 30 days preceding its update, equivalent to an average of 50.49 LTC per day. The reported figures exclude Soqucoin, Dogecoin and other assets generated through merge mining.
The company started mining Litecoin on February 11, 2026, using the Scrypt algorithm under a hosting agreement with DMG Blockchain Solutions Inc. It reached its first 500 LTC mined in May, when its mining fleet consisted of 60 machines.
Its treasury had already expanded through purchases earlier in the year. Crypto Times reported in February that Luxxfolio held 24,439 LTC after acquiring an additional 2,413 LTC. The latest estimate reflects both those earlier holdings and subsequent mining production.
Mining Fleet Expands to 338 Machines
Luxxfolio confirmed that it had completed an additional 50-miner expansion funded through its operations, bringing its fleet to 338 Scrypt miners.
The latest expansion follows a larger deployment announced in August. At that time, the company added 228 miners, increasing its fleet from 60 to 288 machines. That represented a 380% increase in its miner count.
Alongside its mining operations, Luxxfolio is developing LuxxPool, its own Scrypt mining pool. As of November 11, 2026, the pool was operating at approximately 7.7 TH/s across 520 workers. Around 2.1 TH/s of that capacity came from miners outside the company's own fleet, according to Luxxfolio.
The company also said that 5% of LuxxPool's own fees are allocated to the Litecoin Foundation.
Luxxfolio Pursues Broader Digital Asset Infrastructure Strategy
CEO Tomek Antoniak described the company's direction as an effort to build an integrated digital asset infrastructure business. Its planned operations combine cryptocurrency mining, treasury accumulation, mining pool services and self-custody technology.
Industry tracker DefiLlama listed Luxxfolio among the largest Litecoin treasury holders as of October 19, 2026, ranking it behind Lite Strategy, Inc. and SOLAI Limited.
However, Luxxfolio's November treasury figure is an estimate based on information displayed on its public dashboard, rather than an audited holdings disclosure. The company has not presented the reported 26,838.23 LTC figure as an independently audited balance.
source: bsc.news
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
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