Aug. 6 at 2:53 PM
🚨 Pharma x Crypto 🚨
Nasdaq-listed MEI Pharma
$MEIP just acquired
$100M of Litecoin (LTC) — 929,548 tokens — making it the first U.S.-listed company to adopt LTC as its primary treasury asset.
👉 Funded via private placement led by:
• Charlie Lee (LTC creator, now on MEI’s board)
• GSR (now managing the LTC treasury)
📈 Purchase avg:
$107.58
📊 Current value: ~
$115M
💼 Other backers: Litecoin Foundation, ParaFi, Hivemind, Primitive, RLH, Delta Blockchain
MEI cites Litecoin’s 13-year uptime, low fees, fast settlement & integrations with BitPay, PayPal, Robinhood as key reasons for the move.
Big statement. Big bet.