Scan to Download
Search "Upexi" has a total of6related results
Techub News reports that Nasdaq-listed SOL treasury company Upexi has announced it has entered into a definitive agreement with an institutional investor to sell and issue 6,337,000 shares of common stock and an equal number of warrants at a price of $1.17 per share, raising approximately $7.4 million in total. The offering is expected to be completed around February 9, with the proceeds to be used for working capital, general corporate purposes, and the internally managed SOL Maximum Return Strategy.
Techub News reports, according to Cryptobriefing, SOL treasury company Upexi has signed a securities purchase agreement with Hivemind Capital Partners to issue $36 million worth of convertible notes backed by locked SOL tokens. The transaction is expected to increase Upexi's SOL holdings by 12% to over 2.4 million SOL, making it the second-largest corporate SOL holder after Forward Industries, which holds 6.9 million SOL. The issuance is conducted as a private placement, with no public offering. The related securities are not initially registered in the United States and can only be resold under an effective registration statement or an exemption.
Techub News: According to The Block, Upexi, a publicly traded Solana treasury company, has received board approval for a $50 million stock repurchase program. This aims to enhance the company's flexibility in purchasing its common stock in the open market, with specific execution depending on market conditions and other factors. Upexi reported total revenue of $9.2 million for the latest quarter, up from $4.4 million in the same period last year. Net income was $66.7 million, compared to a net loss of $1.6 million in the prior year period. The company initiated its SOL acquisition strategy in April this year and currently holds over 2.1 million SOL.
Techub News, according to multiple disclosures and company statements, Nasdaq-listed SOL reserve strategy company Upexi (UPXI) announced its Q1 2026 fiscal results: revenue of approximately $9.2 million. Digital asset revenue was $6.1 million, driving gross profit to $8.3 million, a year-over-year increase of approximately 183%. Net profit was approximately $66.7 million, primarily from approximately $78 million in unrealized gains on its Solana treasury. As of October 31, Upexi holds approximately 2.1 million SOL, the majority of which is staked. Previously, the company completed a $200 million private placement of "common stock + convertible bonds" and entered into an equity financing agreement for up to $500 million with A.G.P./Alliance Global Partners to accelerate the strategic expansion of its Solana asset reserves.
Techub News, according to The Block, Nasdaq-listed SOL treasury company Upexi (UPXI) announced the appointment of well-known Solana investor SOL Big Brain to its advisory board, forming a crypto asset think tank together with Arthur Hayes, co-founder of the Maelstrom fund. The company has accumulated over 2 million SOL since April, with its current holdings valued at approximately $410 million.
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.
Current search results fully loaded