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On July 19, US pharmaceutical company MEI Pharma (stock code: MEIP) announced a strategic transformation to promote its strategy of establishing a dedicated Litecoin treasury. Currently, more than $100 million in funds have been committed to the project. As part of the transaction, the biotech company will appoint Litecoin founder Charlie Lee to its board of directors. GSR will also receive a board seat and serve in an important position on the companys digital asset and fund management advisory committee. In addition, the Litecoin Foundation has also invested in MEI Pharma because the companys treasury strategy is highly aligned with the Litecoin Foundations core mission to promote global Litecoin adoption. After the announcement, MEIPs stock price soared 83.37% in pre-market trading on Friday, continuing the 16.58% increase of the previous…# Analysis# Airdrop# crypto# defi# ethereum# Exchange# Market# marketplace# Token# ToolPre
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