Upexi Treasury raises $23M to expand SOL holdings
Key Takeaways
- Upexi, a company focused on Solana, raised $23 million in a private placement to expand its SOL holdings.
- The private placement featured common stock and warrants, priced above the at-the-market rate per Nasdaq rules.
Share this article
Upexi, a Solana-focused treasury company, today raised $23 million through a private placement offering to expand its SOL token holdings. The company acquires, holds, and stakes SOL tokens to provide digital asset exposure through equity securities.
The private placement was priced above the at-the-market price under Nasdaq rules and included common stock and warrants. Upexi plans to use the net proceeds to acquire additional SOL tokens and support operations as part of its treasury strategy.
Solana serves as the foundation for Upexi’s business model, with the company generating yields by staking the blockchain’s native tokens. The network is recognized for its speed, cost-efficiency, and developer adoption in programmable capital and real-time market infrastructure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates Today: Institutional Investments Rise While Prices Remain Flat: The Challenge of Ethereum's Potential Breakout
- Ethereum's MVRV Z-Score (0.29) signals potential buying opportunities amid prolonged accumulation and institutional ETF inflows. - Retail investors reduced exposure while whales (10K+ ETH) accumulated, contrasting with $92M ETH ETF inflows on Nov 24. - BlackRock's staked ETH ETF filing threatens DATs' opaque fee models as ETH price struggles to reclaim $2,800 despite technical buildup. - Divergent ETF flows ($88M ETHA inflow vs. $53M outflow) highlight market volatility, with analysts eyeing $9K breakout
Stablecoins Solidify Their Position as the Foundation of Global Finance, Surpassing Conventional Powerhouses
- A 214M USDT transfer highlights stablecoins' growing role as global finance's backbone, surpassing traditional payment giants. - VCI Global's $50M OOB token accumulation underscores institutional confidence in Tether-aligned ecosystems for merchant adoption. - Tether's $180B USDT circulation and $12T+ 2023 volume reflect structural adoption in cross-border payments and settlements. - Stablecoin growth challenges traditional intermediaries while Oobit's platform incentivizes real-world commerce adoption t
Character.AI's Interactive Storytelling AI Seeks to Disrupt the Cycle of Teen Addiction
- Character.AI replaces open-ended chatbots with "Stories," a choose-your-own-adventure AI feature for teens to mitigate mental health risks and regulatory pressures. - The new feature restricts unrestricted AI conversations for under-18s, offering structured narratives with user-driven choices and visual storytelling. - Legal challenges and California's AI companion regulations intensify scrutiny, as critics warn of unresolved risks like parasocial addiction and emotional manipulation. - Mixed user reacti
DASH drops 7.15% in a day as several top executives offload shares through scheduled selling plans
- DoorDash (DASH) fell 7.15% on Nov 26, 2025, but rose 71.59% year-to-date amid insider sales by executives via Rule 10b5-1 plans. - CFO Ravi Inukonda and President Prabir Adarkar sold $2.7M and $4.6M of shares respectively, while analysts raised price targets to $260. - Institutional buyers like XTX Topco Ltd and Summit Global Investments added shares, reflecting ongoing confidence in DoorDash's international expansion and DashPass strategy. - Upcoming Q4 2025 earnings on Feb 10, 2026, will test market se
Trending news
MoreCrypto prices
More
