Upexi raises 200 million USD for Solana investments

On July 11, 2025, Upexi, Inc. Revealed its plans to raise 200 million USD via securities to bolster its Solana (SOL) assets, indicating a growing institutional acceptance and interest in the cryptocurrency.

The offering consists of 12.46 million shares at 4.00 USD each, alongside 150 million USD in convertible notes. CEO Allan Marshall emphasizes a focused strategy on increasing SOL holdings, marking a significant institutional shift towards Solana.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts