RE: LeoThread 2025-08-06 17:23

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MEI Pharma invests $100 million in Litecoin as a treasury asset, with Charlie Lee and GSR spearheading the investment.

  • Nasdaq-listed MEI Pharma has allocated $100M to LTC for its treasury.
  • Nasdaq trading symbol: MEIP
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  • First U.S.-listed company to use Litecoin as a primary treasury asset.
  • Funded through a $100M private placement led by Charlie Lee.
  • MEI highlights LTC's 13-year uptime, low fees, rapid settlement, and widespread integration.
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  • Potential expansion into LTC mining is on the horizon.
  • MEI continues its drug development alongside this innovative crypto treasury approach.
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