Big Pharma joins crypto with a private placement for $100 Million Litecoin Treasury Strategy

MEI Pharma announced Friday a $100 million private investment in public equity (PIPE) transaction to add Litecoin into its corporate treasury. The announcement is the first known instance of a publicly traded biotech company adopting Litecoin (LTC) as its primary reserve asset. Per a press statement published at 13:00 BTS, the investment round was led […] source: https://www.cryptopolitan.com/big-pharma-in-crypto-100m-litecoin-treasury/