Upexi, Inc. $(UPXI)$, a company specializing in the development, manufacturing, and distribution of consumer products with a focus on cryptocurrency, has announced significant updates and results. The company reported a drastic increase in its Solana $(SOL)$ holdings, which grew by over 172% to reach 2 million SOL, following a successful capital raise of over $200 million. This increase in Solana treasury was accompanied by an estimated 8% staking yield, generating approximately $65,000 daily in revenue. As of August 4, 2025, Upexi's treasury held 2,000,518 SOL, valued at $334 million, based on the Solana price of $167.26 per SOL. The company issued approximately 58.9 million shares, resulting in about 0.0339 SOL per common share, equating to $5.68 per share. The strategic purchases included 100,000 SOL on July 21 and 83,000 SOL on July 23, with approximately 57% of the portfolio comprising locked SOL, purchased at a mid-teens discount to the spot price. This strategy provided built-in gains for shareholders. The company's adjusted metrics and fully-loaded market net asset value (mNAV) were calculated using the UPXI closing price on August 4, 2025. These updates highlight Upexi's commitment to increasing shareholder value through strategic investments and cryptocurrency holdings.
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