MEI Pharma Inc. (NASDAQ:MEIP) has announced a $100 million private investment to acquire Litecoin, making it the first publicly traded company to adopt LTC as its primary treasury reserve asset. The company is selling 29,239,767 shares at $3.42 each. Charlie Lee, the creator of Litecoin, and GSR are leading the investment. Lee will join MEI’s board of directors, replacing Taheer Datoo upon closing.

GSR will serve as MEI’s digital asset and treasury management advisor. Other investors include the Litecoin Foundation, MOZAYYX, ParaFi, Hivemind, Primitive, RLH Capital, Delta Blockchain, and CoinFund. The deal is expected to close on or about July 22, 2025, subject to customary conditions.

Charlie Lee called MEI’s decision a milestone for Litecoin, emphasizing its speed, security, and decentralization. Josh Riezman, US Chief Strategy Officer at GSR, said the firm is committed to helping institutions safely access digital assets. Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent under a private placement exemption.

Source

President Donald Trump has officially signed the GENIUS Act into law, setting a clear path for crypto growth in the United States. The new legislation outlines a regulatory framework for dollar-backed stablecoins and aims to turn the US into the global hub for Bitcoin and digital assets. Trump called the move a major revolution in financial technology and a victory for innovation and freedom in finance.

During the signing ceremony Trump highlighted his crypto achievements including stopping government crackdowns on Bitcoin and creating a US strategic Bitcoin reserve. He also reminded the public of his appearance at the Bitcoin Conference in Nashville and reaffirmed his stance against central bank digital currencies. Trump thanked Senator Bill Hagerty and other supporters for pushing the law forward.

AI and Crypto Czar David Sacks said the GENIUS Act marks a turning point for the industry and gives US crypto firms the clarity they need. The law is expected to increase demand for US Treasuries and drive trading volume across digital asset markets. More crypto-friendly legislation is expected later this year.

Coinsilium Group Limited has expanded its Bitcoin treasury to 112 Bitcoin following a £920,000 purchase executed through its wholly-owned Gibraltar subsidiary, Forza Gibraltar Limited. The latest acquisition of 10.2489 Bitcoin at an average price of £89,765.73 per Bitcoin ($120,538.77) represents the company’s continued commitment to its Bitcoin-focused treasury strategy. 

The digital asset venture builder, which has been operating in the blockchain sector since 2015, established Forza Gibraltar Limited specifically to manage its Bitcoin treasury operations. The subsidiary’s total Bitcoin holdings now stand at 112.0009 Bitcoin, with an aggregate average purchase price of…

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There are multiple approaches to valuing bitcoin and they can differ from traditional, institutional asset class valuations. The reason is that bitcoin can be regarded as a currency, a commodity, or a monetary payment network — at the same time. Bitcoin has many different characteristics which is why many different valuation approaches can be applied.

3/ “#Bitcoin is not a stock, nor is it a startup or any investment fund… this is a completely different animal than other types of assets that people are trying to compare it to. You need to view it through adifferent lense.”– @MartyBent

— André Dragosch, PhD⚡ (@Andre_Dragosch) June 28, 2025

From a pure investment…

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Charles Schwab is stepping into the crypto space with plans to offer spot trading for Bitcoin and Ethereum. CEO Rick Wurster confirmed the move during the company’s Q2 2025 earnings call, stating the rollout could happen within the next 12 months. Schwab is optimistic, as improving U.S. regulations and strong internal progress support the launch.

The firm reported impressive earnings, generating $5.8 billion in revenue for Q2 2025, a 25% increase year-over-year. Total assets under management have reached $10.7 trillion. Wurster believes Bitcoin and Ethereum will be meaningful long-term growth drivers, alongside rising trading activity, net interest income, and asset management fees.

In addition to crypto trading, Schwab plans to launch a stablecoin. The firm is exploring multiple paths, including in-house development, partnerships, or using existing blockchain infrastructure. With growing investor demand and regulatory clarity, Schwab is positioning itself to deliver trusted, secure digital asset solutions to its clients.

Report

With Bitcoin breaking into new all-time highs, the inevitable question emerges for every investor: how high can this bull market actually go? In this analysis, we’ll take a data-driven and mathematical approach to try to estimate potential price targets for both Bitcoin and (Micro)Strategy throughout the current cycle.

Reevaluating The Pi

The Pi Cycle Top Prediction chart relies on two key moving averages: the 350-day moving average multiplied by two (green line) and the 111-day moving average (orange line). Historically, when the 111-day MA crosses above the 350-day MA x 2, a cycle peak has occurred within just a few days. Despite its past accuracy, including flawless calls…

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President Donald Trump is planning a major pro-crypto move, allowing 401(k) retirement accounts to invest in digital assets, gold, and private equity. According to a June 17 Financial Times report, Trump may soon issue an executive order directing federal regulators to revise current restrictions on alternative assets. This shift could unlock access to trillions of dollars in U.S. retirement savings and modernize investment options for millions of Americans.

The U.S. retirement market holds about $43 trillion, with $9 trillion in 401(k)s. If just one percent of that flows into crypto, it would mean $90 billion in new investments. Omar Kanji, a partner at Dragonfly, called this the “biggest unlock” for the digital asset sector. The initiative could also support Bitcoin ETFs, direct crypto holdings, and investments in blockchain companies, giving digital assets a stronger foothold in traditional finance.

The Trump administration is also considering a tax exemption for small crypto transactions under $200. This would ease reporting burdens for daily purchases and promote Bitcoin as a payment method, not just an investment.

Financial Times