Upexi Inc. Expands Cryptocurrency Holdings with Acquisition of 83,000 Solana Tokens, Growing Treasury to $381 Million

Reuters
07/26
Upexi Inc. Expands Cryptocurrency Holdings with Acquisition of 83,000 Solana Tokens, Growing Treasury to $381 Million

Upexi Inc., a company known for its expertise in developing, manufacturing, and distributing consumer products, has expanded its investment in the cryptocurrency sector by acquiring an additional 83,000 Solana $(SOL)$ tokens. This purchase, valued at $16.7 million, increases Upexi's total holdings to 1.9 million SOL, currently worth over $381 million. The company's strategic move aligns with the growing momentum in digital asset legislation in the U.S., positioning Upexi and Solana to potentially benefit from the increasing adoption of blockchain technology. Allan Marshall, CEO of Upexi, emphasized the company's commitment to holding Solana for the advantage of its shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upexi Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-25-005253), on July 25, 2025, and is solely responsible for the information contained therein.

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