MEI Pharma Unveils $100M Litecoin Treasury, Becomes First Public Firm To Hold LTC As Reserve

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MEI Pharma has announced a $100 million private investment at $3.42 per share, marking a bold step forward in its growth strategy. As part of the deal, Charlie Lee, creator of Litecoin, will join MEI’s Board of Directors, replacing Taheer Datoo.

MEI has also appointed GSR as its digital asset and treasury advisor to help launch its new Litecoin Treasury Strategy, with a unique blend of biotech and blockchain.

First Public Company to Adopt LTC as Reserve

The $100M funding round was also backed by the Litecoin Foundation and top crypto firms like…



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MEI Pharma Unveils $100M Litecoin Treasury, Becomes First Public Firm To Hold LTC As Reserve


MEI Pharma has announced a $100 million private investment at $3.42 per share, marking a bold step forward in its growth strategy. As part of the deal, Charlie Lee, creator of Litecoin, will join MEI’s Board of Directors, replacing Taheer Datoo.

MEI has also appointed GSR as its digital asset and treasury advisor to help launch its new Litecoin Treasury Strategy, with a unique blend of biotech and blockchain.

First Public Company to Adopt LTC as Reserve

The $100M funding round was also backed by the Litecoin Foundation and top crypto firms like…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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