Crypto hoarding brings a stock pop for small firms—and in some cases shows patterns of possible insider trading
via fortune.com
Short excerpt below. Read at the original source.
In mid-July, the stock for the cancer drug developer MEI Pharma skyrocketed. It wasn’t because the small company, first listed on the Nasdaq in 2003, had discovered a blockbuster cancer cure. Rather, MEI Pharma’s soaring share price coincided with the company’s decision to buy up $100 million of the cryptocurrency Litecoin for its treasury. The […]