
Title: Nasdaq-listed MEI Pharma launches $100M Litecoin treasury plan, stock rockets 50%
As the crypto market continues to see significant advancements and developments, another notable event has taken place. A recent press release from MEI Pharma announced that they are launching a massive $100 million Litecoin treasury plan, in collaboration with the Litecoin Foundation and major crypto partners.
MEI Pharma’s board of directors is also pleased to announce that Charlie Lee, the creator of Litecoin, will be joining their team as part of this transformation. The Litecoin Foundation has also made an investment in MEI Pharma, further solidifying their commitment to expanding global Litecoin adoption through institutional channels.
The move by MEI Pharma comes at a pivotal time for the crypto space, with many companies and organizations exploring alternative means of treasury management and diversification strategies.
Source: cryptobriefing.com