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Upexi Shares Fall 7.5% After $1B Filing to Potentially Boost Solana Treasury

Upexi Shares Fall 7.5% After $1B Filing to Potentially Boost Solana Treasury

BearishSOL logoSOL
CoinOtag logoCoinOtagDecember 24, 20251 min read
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Upexi, a company focused on building its Solana treasury, filed a $1 billion shelf registration on Tuesday to potentially expand its holdings of the cryptocurrency, which currently stand at 2.1 million SOL valued at $262.3 million. This move signals renewed intent to accumulate more SOL after a pause since July. Upexi's shares dropped 7.5% on [...]

n SOL valued at $262.3 million. This move signals renewed intent to accumulate more SOL after a pause since July. Upexi's shares dropped 7.5% on [...]