Upexi Expands Solana Holdings by 4.4% to 2.1 Million SOL

Nasdaq-listed Solana treasury firm Upexi (UPXI) has expanded its holdings by 4.4% to over 2.1 million SOL, even as broader market sentiment remains ￰0￱ company’s updated disclosure shows that as of October 31, its total holdings reached 2,106,989 SOL, reflecting an increase of nearly 88,750 SOL since early September. Upexi’s Treasury Growth and Market Position According to The Block data , Upexi’s total Solana holdings were valued at $397 million at the end of October, based on a $188.56 market price per ￰1￱ firm acquired its tokens at an average of $157.66, bringing the total cost to $325 ￰2￱ leaves an unrealized gain of $72 million, which includes staking yields and discounts from locked SOL purchases.

Upexi’s holdings now stand at around $340 million, trimming its paper gain to about $15 ￰3￱ Allan Marshall said, “Upexi remains positioned for growth despite reduced sentiment toward treasury companies.” He added that the firm continues to build “long-term incremental value for shareholders” through its Solana ￰4￱ Solana’s Performance Since the launch of its Solana treasury initiative in April, Upexi has reported an adjusted 0.0187 SOL per share, equivalent to $3.52. This represents a 47% rise in Solana terms and an 82% gain in dollar ￰5￱ who joined the $100 million private placement led by GSR have seen a 96% return, outperforming Solana’s 24% increase in the same ￰6￱ company’s Chief Strategy Officer, Brian Rudick, noted that Upexi holds a peer-leading multiple with solid trading volumes and intends to use that position for shareholder ￰7￱ all of the company’s SOL is staked, generating an estimated 7% to 8% annual yield and roughly $75,000 in daily staking ￰8￱ Faces Short-Term Pressure