as is. Original content:
Lite Strategy, the Nasdaq-listed company that holds Litecoin as its primary reserve asset, spent roughly $5.4 million to repurchase about 4.9 million of its own shares through July 17. The buyback was funded by a mix of Litecoin sales and premiums from covered-call options, with no debt used.
Translation: "Lite Strategy, syarikat tersenarai Nasdaq yang memegang Litecoin sebagai aset rizab utamanya, telah membelanjakan kira-kira $5.4 juta untuk membeli balik kira-kira 4.9 juta sahamnya sendiri sehingga 17 Julai. Pembelian balik itu dibiayai melalui gabungan jualan Litecoin dan premium daripada opsyen panggilan dilindungi (covered-call options), tanpa menggunakan hutang." We need to explain "covered-call" maybe keep as is or translate? Since it's a financial term, we can keep "covered-call" but maybe add in parentheses. I'll keep "covered-call options" as is, but in Malay we might say "opsyen panggilan dilindungi" but it's fine. Next paragraph:How the Buyback Worked
The company said it used an undisclosed combination of LTC sales and covered-call premiums to finance the repurchases. Through March 31, Lite Strategy had already spent $1.995 million to buy back 1,629,136 shares. The remaining $3.4 million in buybacks occurred between April 1 and July 17, bringing the total shares retired to roughly 4.9 million.
Translation: "Bagaimana Pembelian Balik Berfungsi
Syarikat itu menyatakan ia menggunakan gabungan jualan LTC dan premium covered-call yang tidak didedahkan untuk membiayai pembelian balik tersebut. Sehingga 31 Mac, Lite Strategy telah membelanjakan $1.995 juta untuk membeli balik 1,629,136 saham. Baki $3.4 juta dalam pembelian balik berlaku antara 1 April dan 17 Julai, menjadikan jumlah saham yang ditarik balik kira-kira 4.9 juta.
" Note: "ditarik balik" for retired? Actually "retired shares" means shares bought back and canceled. So "saham yang ditarik balik" is okay, but maybe "saham yang dibatalkan" or "saham yang dikurangkan". I'll use "saham yang ditarik balik" as it's common. Next:Covered calls involve selling call options on Litecoin the company already holds. If those options are exercised, Lite Strategy would have to deliver the underlying LTC, which could limit upside for shareholders. The company also transferred some LTC as collateral to GSR, creating counterparty exposure, though it assessed expected credit losses as immaterial as of March 31.
Translation: "Covered call melibatkan penjualan opsyen panggilan ke atas Litecoin yang sudah dimiliki syarikat. Jika opsyen tersebut dilaksanakan, Lite Strategy perlu menyerahkan LTC asas, yang mungkin mengehadkan potensi keuntungan untuk pemegang saham. Syarikat juga memindahkan sebahagian LTC sebagai cagaran kepada GSR, mewujudkan pendedahan rakan niaga (counterparty exposure), walaupun ia menilai kerugian kredit yang dijangkakan sebagai tidak material sehingga 31 Mac.
" Next:Impact on Litecoin Holdings
As of July 17, Lite Strategy reported holding 819,070 LTC, down from 929,548 LTC at the end of last year — a decline of about 11.89%. But because the share count fell even more — from an estimated 36.78 million shares to 31,882,648, a drop of roughly 13.32% — the amount of Litecoin backing each outstanding common share actually rose.
Translation: "Kesan ke atas Pegangan Litecoin
Sehingga 17 Julai, Lite Strategy melaporkan memegang 819,070 LTC, menurun daripada 929,548 LTC pada akhir tahun lepas — penurunan kira-kira 11.89%. Tetapi kerana bilangan saham jatuh lebih banyak — daripada anggaran 36.78 juta saham kepada 31,882,648, penurunan kira-kira 13.32% — jumlah Litecoin yang menyokong setiap saham biasa tertunggak sebenarnya meningkat.
" "tertunggak" for outstanding? Actually "saham biasa tertunggak" means outstanding common shares. That's fine. Next:The per-share backing increased from about 0.02527 LTC to 0.02569 LTC, a gain of roughly 1.66%. That means each remaining share now represents slightly more Litecoin than before the buyback began.
Translation: "Sokongan per saham meningkat daripada kira-kira 0.02527 LTC kepada 0.02569 LTC, peningkatan kira-kira 1.66%. Ini bermakna setiap saham yang tinggal kini mewakili sedikit lebih Litecoin berbanding sebelum pembelian balik bermula.
" Next:Discount to Net Asset Value
Lite Strategy said its issuer-defined discount to Litecoin net asset value reached the low-40% range during the repurchase period and later narrowed below 25%. The company did not publish a reproducible NAV formula or the exact dates when those discounts were observed.
Translation: "Diskaun kepada Nilai Aset Bersih
Lite Strategy menyatakan diskaun yang ditakrifkan penerbit kepada nilai aset bersih Litecoin mencecah julat rendah 40% semasa tempoh pembelian balik dan kemudiannya mengecil kepada bawah 25%. Syarikat itu tidak menerbitkan formula NAV yang boleh dihasilkan semula atau tarikh tepat apabila diskaun tersebut diperhatikan.
" Next:The July release reported no debt and gave preliminary, unaudited June 30 estimates of $5.7 million in cash and $1.1 million in liabilities.
Translation: "Kenyataan Julai melaporkan tiada hutang dan memberikan anggaran awal yang tidak diaudit pada 30 Jun iaitu $5.7 juta tunai dan $1.1 juta liabiliti.
" Next
