Upexi Inc. has announced its financial results for the first quarter ending March 31, 2025. The company reported a total revenue of $3.1 million, reflecting the performance of its legacy consumer business. Gross profit increased by 23% year-over-year, totaling approximately $1.6 million. However, Upexi reported a net loss of approximately $3.8 million for the quarter. In addition to its financial results, Upexi provided an update on its cryptocurrency treasury strategy. The company has accumulated 597,002 SOL tokens, valued at approximately $102.4 million at the current price of $171.50 per SOL. This represents an unrealized gain of approximately $18.1 million in their SOL treasury. Upexi has also begun receiving staking revenue from its SOL holdings, with a current yield of approximately 7.9%, generating over 48,000 tokens per year. Upexi's CEO, Allan Marshall, emphasized the company's commitment to its cryptocurrency strategy, aiming to continue accumulating SOL to benefit shareholders. The company recently closed a $100 million private placement from prominent crypto venture capital firms and is leveraging its cryptocurrency portfolio to enhance its business operations.