Solana Treasury Company Upexi Files $10 Billion Shelf Registration Application with U.S. SEC

Techub News reported, according to CoinDesk, that Upexi, a publicly traded Solana crypto treasury (DAT) company listed on the U.S. stock market, has filed a $1 billion shelf registration application with the U.S. Securities and Exchange Commission (SEC) to raise funds through various securities offerings. The company currently holds approximately 2 million SOL tokens, making it the fourth-largest holder of SOL assets among publicly listed companies. The potential proceeds could be used for various purposes, including working capital, research and development, and debt repayment.