18:02:30 EDT Tue 19 May 2026
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Luxxfolio Holdings Inc (2)
Symbol LUXX
Shares Issued 33,167,164
Close 2026-05-15 C$ 0.20
Market Cap C$ 6,633,433
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Luxxfolio mines 500th Litecoin, scales to 60 rigs

2026-05-19 11:31 ET - News Release

Mr. Tomek Antoniak reports

LUXXFOLIO MINES 500TH LITECOIN AS MINING OPERATIONS SCALE TO 60 MINERS

Luxxfolio Holdings Inc. has mined its 500th Litecoin since commencing Litecoin mining operations earlier this year.

The milestone follows the company's previously announced launch of Litecoin mining operations on Feb. 11, 2026, when Luxxfolio deployed an initial fleet of 20 Bitmain Antminer L9 miners. Since that announcement, the company has successfully scaled operations to a total of 60 operational L9 miners, significantly expanding Luxxfolio's direct participation in Litecoin network infrastructure.

The expansion represents an important foundational step in Luxxfolio's long-term strategy to build vertically integrated Litecoin infrastructure operations. In addition to growing the company's Litecoin treasury through direct mining, Luxxfolio intends to leverage this operational foundation in connection with the planned launch of LuxxPool, the company's forthcoming Litecoin mining pool initiative currently under development.

To date, the company has not sold any of the Litecoin mined through its operations, reflecting Luxxfolio's long-term conviction in Litecoin and its treasury accumulation strategy. The company's mining operations benefit from low-cost energy infrastructure, supporting efficient Litecoin production and long-term operational scalability.

Highlights

  • Successfully mined 500 LTC since launch of mining operations;
  • Mining fleet expanded from 20 to 60 Bitmain Antminer L9 miners;
  • No LTC mined by the company has been sold to date;
  • Mining operations continue to support direct Litecoin treasury accumulation;
  • Mining infrastructure expected to support future LuxxPool launch;
  • Additional mining expansion opportunities continue to be evaluated.

"Mining our 500th Litecoin represents an important operational milestone for Luxxfolio and validates our strategy of combining Litecoin treasury accumulation with active infrastructure participation," said Tomek Antoniak, chief executive officer of Luxxfolio. "Scaling from our initial deployment of 20 L9 miners to 60 operational units establishes a strong foundation for the continued growth of our mining operations and positions the company to build additional Litecoin-native infrastructure initiatives, including our forthcoming planned LuxxPool platform."

The company's mining operations utilize the Scrypt algorithm to mine Litecoin and are intended to complement Luxxfolio's broader Litecoin treasury strategy. Luxxfolio believes that direct LTC generation through mining provides a strategic mechanism for long-term treasury growth while supporting the decentralization, resilience and security of the Litecoin network.

Luxxfolio continues to evaluate additional opportunities to expand its mining footprint and broader Litecoin infrastructure ecosystem.

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.

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