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MEI Pharma Establishes $100M Litecoin Treasury Position
Gate News bot message, MEI Pharma has announced the establishment of a $100 million Litecoin treasury, according to the Litecoin Blog. This strategic move by the pharmaceutical company represents a significant corporate adoption of Litecoin as a treasury asset.
The Phoenix-based company's decision to allocate substantial funds to Litecoin adds to the growing list of corporations integrating cryptocurrencies into their treasury management strategies.