GSR Leads $100M Private Placement Into MEI Pharma To Launch First Litecoin Treasury Strategy

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The $100 million private investment in public equity (PIPE) into MEI represents a significant step toward institutionalizing Litecoin as a treasury asset.


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GSR will work closely with Litecoin (LTC) creator Charlie Lee. Lee and a GSR appointee will also join MEI’s Board of Directors. The $100 million private investment in public equity represents a significant step toward institutionalizing Litecoin as a treasury asset.