Luxxfolio begins Litecoin mining operations

Executive Summary

• Luxxfolio Holdings Inc. has officially commenced Litecoin mining operations using the Scrypt algorithm under a hosting agreement with DMG Blockchain Solutions Inc. at their Christina Lake facility in British Columbia.
• The company has deployed 20 Bitmain Antminer L9 16G units and intends to scale operations subject to market conditions and capacity.
• Luxxfolio reports a significant increase in its Litecoin treasury, holding 24,439.464 LTC total, with a per-share yield increase of approximately 145.5% compared to March 31, 2025.

Key Details

• Mining Agreement: Hosting agreement with DMG Blockchain Solutions Inc. (TSX Venture: DMGI; OTCQB: DMGGF).
• Facility: DMG's Christina Lake facility in British Columbia.
• Services Provided: Institutional-grade hosting, power delivery, mining infrastructure services, and daily operations.
• Equipment Deployed: 20 Bitmain Antminer L9 16G units.
• Strategy: Transition from planning to active network participation to complement the Litecoin treasury strategy by generating LTC directly and supporting network security.
• Treasury Holdings: Total holdings increased by 2,413.464 LTC to a total of 24,439.464 LTC.
• Per-Share Metrics:
  • Current: ~73,686 litoshis per share (based on 33,167,164 common shares outstanding).
  • Previous (March 31, 2025): 30,020 litoshis per share.
  • Yield Increase: Approximately 145.5%.
• Financial Status: Company remains debt-free; all Litecoin reserves are unencumbered.
• Director Changes: Ieva Guoga has resigned from the board of directors, effective immediately.

Notable Quotes

• "Commencing Litecoin mining operations represents a pivotal moment for Luxxfolio. Mining is a core pillar of our Litecoin-focused strategy. By pairing disciplined Litecoin treasury accumulation with active network participation, we generate digital asset flow, acquire LTC directly and support the network we are aligned with." — Tomek Antoniak, CEO