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Upexi Added to the Russell Microcap® Index

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(Moderate)
Rhea-AI Sentiment
(Neutral)
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Upexi (NASDAQ: UPXI) has been added to the Russell Microcap Index as part of the June 2026 Russell US Indexes reconstitution. Membership becomes effective at the open on June 29, 2026, following final index changes after the market close on June 26, 2026.

The Russell Microcap Index tracks the smallest securities in the Russell 2000 plus additional smaller U.S.-listed companies, with membership lasting until the next reconstitution. Russell indexes are referenced by products tied to about $12.2 trillion in investor assets. Upexi’s CEO links inclusion to the company’s growth and its Solana-focused digital asset treasury, which has exceeded two million SOL, and sees it as a way to broaden visibility among institutional investors, index funds, and active managers.

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AI-generated analysis. Not financial advice.

Positive

  • Added to Russell Microcap Index effective June 29, 2026
  • Index family used for products tied to about $12.2 trillion in assets
  • Membership expected to broaden visibility with institutional investors and index funds
  • Company reports Solana treasury has grown to more than two million SOL

Negative

  • None.

News Market Reaction – UPXI

+9.64%
19 alerts
+9.64% News Effect
+5.4% Peak in 2 hr
+$5M Valuation Impact
$58.92M Market Cap
0.7x Rel. Volume

On the day this news was published, UPXI gained 9.64%, reflecting a notable positive market reaction. Argus tracked a peak move of +5.4% during that session. Our momentum scanner triggered 19 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $5M to the company's valuation, bringing the market cap to $58.92M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Assets benchmarked to Russell US Indexes: $12.2 trillion Index addition effective date: June 29, 2026 Rank day: April 30, 2026 +1 more
4 metrics
Assets benchmarked to Russell US Indexes $12.2 trillion Investor assets benchmarked to or invested in Russell US Indexes
Index addition effective date June 29, 2026 Effective at U.S. market open for Russell Microcap Index inclusion
Rank day April 30, 2026 Measurement date for Russell US Indexes market-cap rankings
Solana holdings >2 million SOL Company-reported Solana treasury size referenced in the inclusion commentary

Peers on Argus

UPXI appeared in momentum scanners to the upside while peers like GETY and JFIN ...
2 Down

UPXI appeared in momentum scanners to the upside while peers like GETY and JFIN were flagged moving down, suggesting today’s action is more company-specific than a broad sector rotation.

Historical Context

5 past events · Latest: Jun 22 (Neutral)
5 events
Date Event Sentiment Move Catalyst
Jun 22 private placement Neutral -4.7% Private placement to exchange equity for reduction of existing debt obligations.
May 12 earnings Neutral +3.0% Fiscal Q3 2026 results highlighting Solana-focused treasury revenue and large non-cash losses.
May 07 news Neutral -4.3% Investor conference presentation at LD Micro Invitational XVI with management meetings.
May 06 buybacks Neutral +1.4% Update on share repurchase program and remaining authorization capacity.
May 05 earnings Neutral +1.4% Announcement of upcoming Q3 2026 earnings call and webcast details.

Regulatory & Risk Context

Short Interest: 26.47%
Short Interest
26.47% of float
0% 15% 30%+
high as of 2026-05-29 Days to cover: 6.34

Short positioning is high, indicating potential for elevated volatility and the risk of sharp moves if sentiment or liquidity conditions change.

Market Pulse Summary

The stock moved +9.6% in the session following this news. A strong positive reaction aligns with ind...
Analysis

The stock moved +9.6% in the session following this news. A strong positive reaction aligns with index inclusion bringing potential incremental demand from products benchmarked to Russell indexes, against a backdrop of high short interest that could amplify moves but may reverse if sentiment or liquidity conditions weaken.

Key Terms

russell microcap index, russell 2000® index, market-capitalization rankings, staking
4 terms
russell microcap index financial
"added as a member of the Russell Microcap® Index in connection"
A broad market index that tracks the performance of the smallest publicly traded U.S. companies by market value, the Russell Microcap Index measures how tiny, often early-stage or niche firms are doing overall. Investors use it like a thermometer: it shows the health and trends of the micro-cap segment, helps compare fund performance, and guides decisions about risk, diversification and potential for high growth or volatility.
russell 2000® index financial
"comprising the smallest securities in the Russell 2000® Index together"
A stock market index that tracks the performance of roughly 2,000 publicly traded U.S. companies with smaller market values, representing the broader small-cap segment of the market. It matters to investors because it acts like a thermometer for smaller companies—used as a benchmark to compare fund performance, guide portfolio allocation, and gauge economic or market trends affecting growth-oriented, higher-risk firms.
market-capitalization rankings financial
"membership determined primarily by objective, rules-based market-capitalization rankings"
Market-capitalization rankings are a list that orders companies by their market value — the share price multiplied by the number of shares outstanding — so the biggest firms appear at the top and smaller ones lower down. For investors this matters because size often signals stability, liquidity, index inclusion and how a company is compared to peers, much like ranking ships by tonnage to gauge their carrying capacity and reliability.
staking technical
"utilizing staking, intelligent capital issuance, and discounted locked token purchases"
Staking is the practice of locking up digital tokens to help run a blockchain network in return for rewards, similar to leaving money in a time deposit that pays interest while it’s unavailable. It matters to investors because staking can generate regular income and affect a token’s circulating supply and price, but it also ties up assets and can carry risks like lock-up periods, reduced liquidity, or technical and platform failures.

AI-generated analysis. Not financial advice.

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Membership Broadens Upexi’s Visibility Among Institutional Investors and Index Funds

TAMPA, Fla., June 26, 2026 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a leading Solana-focused digital asset treasury company and consumer brands owner, today announced that it has been added as a member of the Russell Microcap® Index in connection with the June 2026 Russell US Indexes Reconstitution. The addition becomes effective at the open of U.S. equity markets on Monday, June 29, 2026, following the finalization of the reconstituted indexes after the market close on Friday, June 26, 2026.

Russell US Indexes are reconstituted to reflect changes in the U.S. equity market over time, with membership determined primarily by objective, rules-based market-capitalization rankings measured as of the April 30, 2026 “rank day.” The Russell Microcap® Index measures the performance of the microcap segment of the U.S. equity market, comprising the smallest securities in the Russell 2000® Index together with the next group of smaller U.S.-listed companies. Membership remains in place until the next scheduled reconstitution.

Russell indexes are widely used by institutional and retail investors, with approximately $12.2 trillion in investor assets benchmarked to or invested in products based on the Russell US Indexes.

“Inclusion in the Russell Microcap Index is a meaningful milestone that reflects the growth and transformation of Upexi over the past year, as we have grown our Solana treasury to more than two million SOL,” said Allan Marshall, Chief Executive Officer of Upexi. “Membership broadens our visibility within the institutional investment community and among the index funds and active managers that reference the Russell indexes. We believe it supports our objective of building a deeper, more diversified shareholder base as we continue to execute our disciplined and accretive digital asset treasury strategy.”

Upexi’s digital asset treasury strategy is centered on acquiring and holding Solana (SOL) in a disciplined and accretive manner, while utilizing staking, intelligent capital issuance, and discounted locked token purchases as value-accrual mechanisms. Additional information is available on the Company’s investor relations website at https://ir.upexi.com.

About Upexi, Inc.

Upexi, Inc. (Nasdaq: UPXI) is a leading digital asset treasury company, where it aims to acquire and hold as much Solana (SOL) as possible in a disciplined and accretive fashion. In addition to benefiting from the potential price appreciation of Solana – the cryptocurrency of the leading high-performance blockchain – Upexi utilizes three key value accrual mechanisms in intelligent capital issuance, staking, and discounted locked token purchases. The Company operates in a risk-prudent fashion to position itself for any market environment and to appeal to investors of all kinds, and it currently holds over two million SOL. Upexi also continues to be a brand owner specializing in the development, manufacturing, and distribution of consumer products. Please see www.upexi.com for more information.

Follow Upexi on X – https://x.com/upexitreasury

Follow CEO, Allan Marshall, on X – https://x.com/upexiallan

Follow CSO, Brian Rudick, on X – https://x.com/thetinyant

About FTSE Russell, an LSEG Business

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. For more information, visit www.lseg.com/en/ftse-russell.

Forward-Looking Statements

This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. For example, the Company is using forward-looking statements when it discusses the effective date and anticipated effects of its addition to the Russell Microcap Index and its digital asset treasury strategy, including the accumulation of Solana. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Company Contact

Brian Rudick, Chief Strategy Officer
Email: brian.rudick@upexi.com
Phone: (203) 442-5391

Investor Relations Contact

KCSA Strategic Communications
Valter Pinto or Jack Perkins
Upexi@KCSA.com


FAQ

What does Upexi's (NASDAQ: UPXI) inclusion in the Russell Microcap Index mean?

Upexi’s inclusion in the Russell Microcap Index adds it to a widely followed benchmark of smaller U.S. stocks. According to Upexi, this may increase visibility among institutional investors, index funds, and active managers that reference the Russell US Indexes.

When does Upexi (UPXI) join the Russell Microcap Index in 2026?

Upexi joins the Russell Microcap Index at the open of U.S. equity markets on June 29, 2026. According to Upexi, this follows finalization of the reconstituted Russell US Indexes after the market close on June 26, 2026.

How could Russell Microcap Index membership affect Upexi (UPXI) shareholders?

Index membership can make Upexi more visible to funds tracking or referencing Russell indexes. According to Upexi, this supports its goal of building a deeper, more diversified shareholder base among institutional investors, index funds, and active managers.

How large is the asset base benchmarked to Russell US Indexes relevant to Upexi (UPXI)?

Products based on Russell US Indexes are tied to about $12.2 trillion in investor assets. According to Upexi, being part of the Russell Microcap Index connects the stock to benchmarks used by many institutional and retail investors.

What is Upexi’s Solana-focused digital asset treasury strategy mentioned with its Russell inclusion?

Upexi follows a Solana-focused digital asset treasury strategy centered on acquiring and holding SOL. According to Upexi, this includes staking, intelligent capital issuance, and discounted locked token purchases as value-accrual mechanisms, and its Solana treasury has grown to more than two million SOL.

How long will Upexi (UPXI) remain in the Russell Microcap Index after 2026 reconstitution?

Upexi’s membership remains in the Russell Microcap Index until the next scheduled reconstitution of Russell US Indexes. According to Upexi, index membership is based primarily on rules-based market-capitalization rankings measured on the April 30, 2026 “rank day.”