24/7 Market News Snapshot 10 September, 2025 – Lixte Biotechnology Holdings, Inc. Common Stock (NASDAQ:LIXT)

September 10, 2025

DENVER, Colo., 10 September, 2025 (www.247marketnews.com) – (NASDAQ:LIXT) are discussed in this article.
Lixte Biotechnology Holdings, Inc. has demonstrated impressive stock performance today, currently trading at $5.29 following a notable increase of 10.10%. Starting the day at $4.60, the trading volume reached 550.08K, indicating significant investor interest and a potential continuation of this upward trend. Technical indicators suggest that traders should monitor key resistance levels at $5.50 and $6.00 while observing support forming around the $4.80 mark. Sustained high trading volumes could indicate ongoing bullish sentiment, though a decline in trading activity may suggest profit-taking scenarios.

In addition to the positive stock momentum, Lixte Biotechnology is making strides in its financial strategy by entering the cryptocurrency market through a treasury diversification initiative. The company has made its first digital asset acquisition, purchasing 10.5 Bitcoin (BTC) and 300 Ethereum (ETH) for approximately $2.6 million. This investment now represents 43.6 percent of Lixte’s total treasury holdings, with plans to potentially increase this allocation to 50 percent, as unanimously approved by the Board of Directors.

Geordan Pursglove, Chairman and CEO of Lixte, remarked on the significance of this strategic shift, stating, “Adding Bitcoin and Ethereum to our treasury reflects our commitment to building a balanced and flexible digital asset strategy.” He highlighted that this diversification will enhance the company’s ability to transact and adapt within the evolving digital economy. The responsible integration of cryptocurrencies is expected to enhance Lixte’s fiscal resilience while supporting its ongoing cancer drug development efforts, particularly with its lead clinical compound, LB-100. As the company advances its mission, this innovative approach underscores its commitment to long-term growth and adaptability.

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