Litecoin surges as Luxxfolio hikes LTC stake, Mei Pharma reveals $100M treasury

Invezz
2025.12.09 14:16
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Litecoin surged over 12% as Luxxfolio Holdings increased its LTC treasury by 151.6%, and Mei Pharma announced a $100 million investment in Litecoin. This institutional interest has boosted Litecoin's price above $100, with technical indicators suggesting further upside potential. Luxxfolio plans to accumulate 100,000 LTC by 2025, reflecting confidence in Litecoin's long-term value. Mei Pharma's investment highlights changing institutional perceptions towards cryptocurrencies as strategic assets.