TLDR

MEI Pharma pivots to Litecoin, buys $110M in LTC for treasury strategy
MEI adopts Litecoin as reserve asset, led by LTC creator Charlie Lee
MEI Pharma leads crypto shift, secures 929K LTC with GSR support
Litecoin powers MEI’s treasury as drug R&D efforts stay on track
MEI Pharma merges crypto and biotech with $110M LTC acquisition

MEI Pharma, Inc. has launched a $110.4 million institutional Litecoin treasury strategy, acquiring 929,548 LTC at $107.58 per token. The move marks the first time a U.S.-listed public company has adopted Litecoin as its primary reserve asset. This decision reflects a significant shift in corporate capital strategy toward blockchain-based financial infrastructure.

JUST IN: MEI Pharma has added @litecoin ( $LTC ) to its balance sheet and launched a $100M institutional treasury strategy.

Charlie Lee and GSR are advising the plan. pic.twitter.com/liV1taBTFM

— Satoshi Club (@esatoshiclub) August 5, 2025

The company executed the acquisition as part of a broader digital asset initiative in partnership with crypto investment firm GSR. MEI Pharma’s approach combines treasury diversification with digital innovation while maintaining regulatory compliance and operational transparency. The strategy emphasizes asset resilience, long-term value, and cost-efficiency.

MEI’s board includes Litecoin creator Charlie Lee, who guided the planning and execution of this strategic initiative. The company also hinted at upcoming changes to its corporate identity to align with this new direction. MEI intends to scale the initiative further and explore additional blockchain integrations.

Litecoin: A Scalable and Reliable Asset

Litecoin offers a strong track record of performance, demonstrating over 13 years of uninterrupted uptime and high network reliability. It operates on a decentralized protocol with consistently low transaction costs and near-instant settlement times. These features provide MEI with a secure and efficient treasury asset.

The asset’s stability, combined with its global adoption, makes it suitable for long-term financial strategy. MEI cited Litecoin’s technical scalability and proven utility across payment networks as critical advantages. Major platforms like BitPay, PayPal, Robinhood, and Venmo support Litecoin.

The growing ecosystem gives Litecoin broader operational relevance beyond speculative trading. MEI selected LTC to establish a dependable capital base while positioning for future blockchain-based innovations. The company now aligns itself with digital-native financial systems and modern treasury practices.

GSR Partnership Strengthens Execution and Oversight

MEI partnered with GSR to design and implement its Litecoin-focused treasury model. GSR will provide execution support, governance frameworks, and continuous market guidance to ensure alignment with institutional standards. This collaboration enhances MEI’s capacity to manage digital reserves responsibly.

The firm emphasized that its treasury operations will remain structured, transparent, and consistent with industry regulations. GSR’s involvement brings critical crypto market experience and operational insight to MEI’s evolving treasury strategy. The relationship signals a maturing institutional approach to digital asset integration.

With this framework, MEI aims to position itself as a model for other firms exploring digital reserve assets. The partnership also lays the groundwork for potential future asset diversification or capital structure innovation. The company remains committed to robust financial oversight as it expands into blockchain finance.

Ongoing Drug Development Remains in Focus

Despite the strategic pivot into Litecoin, MEI continues to maintain its pharmaceutical development activities. The company is advancing pre-clinical efforts for voruciclib, a selective CDK9 inhibitor designed for targeted cancer therapy. Research and development plans remain active, with new investigations expected soon.

The company has reaffirmed its commitment to progressing its therapeutic pipeline. While the treasury initiative enhances capital flexibility, drug discovery remains central to MEI’s long-term growth strategy. The Litecoin strategy supports financial sustainability while allowing R&D momentum to continue.

 

The post MEI Pharma Launches $110 Million Litecoin Treasury Strategy appeared first on CoinCentral.

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Filed under: News - @ August 5, 2025 2:33 pm