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Litecoin Comes To The Nasdaq, A Battery Breakthrough For Robotics, And MP Cashes Up For Rare Earth Expansion

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July 19, 2025

The Founder of Litecoin Is Backing A New Company On The Nasdaq

MEI Pharma (NASDAQ: MEIP) announced a $100 million equity financing round for the sole purpose of purchasing Litecoin, becoming the first publicly listed company on a major stock exchange in the United States to adopt Litecoin as a reserve asset. Litecoin’s founder Charlie Lee is a lead investor in the new funding round and will also join the board of directors of MEI Pharma.

Figure Unveils New Breakthrough Battery For Humanoid Robots

Figure officially unveiled their next generation F.03 battery, capable of powering their humanoid robotics for up to five consecutive hours, which is a 50% increase from what was previously possible. Figure recently announced plans to build a new facility located in California that can produce 12,000 new humanoid robots annually.

MP Materials Cashes Up For Rare Earth Expansion

MP Materials (NYSE: MP) raised $650 million in a new equity financing round led by Goldman Sachs and Morgan Stanley. The company recently made major waves when they cut a new $500 million deal with Apple (NASDAQ: AAPL) in which MP Materials will supply Apple with rare earth magnets for the manufacturing of new iPhones and Mac products.

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