Upexi Inc. Secures $500 Million Equity Line to Expand Solana Treasury Strategy

Reuters
Aug 02
Upexi Inc. Secures $500 Million Equity Line to Expand Solana Treasury <a href="https://laohu8.com/S/MSTR">Strategy</a>

Upexi Inc., a company specializing in the development, manufacturing, and distribution of consumer products with a recent focus on cryptocurrency, has announced a significant expansion through an equity line agreement with A.G.P./Alliance Global Partners. This agreement allows Upexi to sell up to $500 million of its common stock at its discretion, providing the company with additional capital and flexibility. The funds will be used for general corporate purposes and to bolster Upexi's Solana treasury strategy. CEO Allan Marshall highlighted the favorable, fee-free terms of the agreement, emphasizing its role in supporting Upexi's capital-raising efforts to further enhance its Solana holdings.

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