@misc{litecoinwatch_treasury_share_scenarios,
  author = {{Litecoin.watch}},
  title = {{A Litecoin treasury stock is not Litecoin: holdings, dilution and NAV}},
  date = {2026-10-02},
  year = {2026},
  month = {10},
  url = {https://litecoin.watch/articles/the-litecoin-treasury-trade-who-is-hoarding-ltc-on-a-balance-sheet-and-why-it-s-riskier-than-it-looks},
  version = {Python Decimal · declared scenarios 2026-10-02.1},
  note = {Report version: Python Decimal · declared scenarios 2026-10-02.1. Method and data: https://litecoin.watch/uploads/research/editorial-models-20261002-v1/README.txt}
}