Upexi stock rose more than 6% in overnight trading as SOL jumped 11.6% in the latest 24 hours and topped $200.
Publicly traded consumer products firm Upexi made a strategic decision to create a digital assets treasury in April, raising $100 million to buy Solana, promptly sending its share price skyrocketing. Now months later, the firm is raising another $200 million in part to acquire more SOL.
Upon the closing of its latest fundraising rounds, Upexi anticipates having approximately 1.65 million SOL in its treasury, which would make it the largest publicly traded Solana treasury with a value of around $284 million, based on today’s Solana price.
Ondas Holdings shares rose 5% in overnight trading after announcing the full retirement of its outstanding convertible notes.
As of July 18, 2025, all previously issued convertible notes of Ondas, including the 2023 Additional Notes, the December 3, 2024 Additional Notes, the December 17, 2024 Additional Notes, and the December 31, 2024 Additional Notes, have been fully settled and no longer outstanding. With this milestone, Ondas has no outstanding convertible notes.
"The full exercise and retirement of our convertible notes is a significant achievement for Ondas," said Eric Brock, Chairman and CEO of Ondas Holdings. "It reflects our strong financial position and confidence in our long-term growth trajectory. With more than $67 million in cash and cash equivalents on our balance sheet as of June 30th, we are operating from a position of strength with ample liquidity to pursue our strategic growth plan."
This development further enhances the Company's capital structure, simplifying its balance sheet while underscoring Ondas' financial discipline and strategic focus.
Trump Media & Technology stock rose 2% in overnight trading. Trump Media & Technology Group has purchased $2 billion in Bitcoin and BTC-related securities for its corporate treasury, the company said Monday in a statement.
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