Upexi's Solana Play: Net Proceeds for Treasury
Update: 2025-12-24
Description
Upexis stocks surged in after-hours trading after a seven point five percent drop, following a one billion dollar shelf registration filing. The company aims to boost its Solana holdings, currently worth two hundred sixty-two million dollars, making them the fourth largest corporate holder. However, Solanas value has plummeted by over fifty-seven percent since its all-time high, and Upexis paper loss stands at nineteen percent. Investors eagerly await the companys decision on further Solana purchases.
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