Upexi Adjusted SOL per Share Increases 129% Since Treasury Launch
Upexi (NASDAQ: UPXI) reported significant growth in its Solana (SOL) treasury operations, with unrealized gains reaching $142 million. The company's treasury now holds 2,018,419 SOL valued at $447 million, with approximately 53% in locked SOL purchased at a mid-teens discount.
Key metrics include an adjusted SOL per share increase of 129% since treasury launch, with the current value at 0.0197 SOL ($4.37). The company is actively staking substantially all its SOL holdings, generating approximately $105,000 in daily revenue at an ~8% yield. Upexi has also established an Advisory Committee, welcoming Arthur Hayes as its first advisor, and successfully held a Special Meeting of Stockholders to approve an increase in issuable shares under its equity line.
Upexi (NASDAQ: UPXI) ha registrato una forte crescita nelle sue operazioni di tesoreria in Solana (SOL), con utili non realizzati pari a $142 milioni. La tesoreria detiene ora 2.018.419 SOL valutati a $447 milioni, di cui circa il 53% in SOL bloccati acquistati con uno sconto medio di una decina di punti percentuali.
I principali indicatori mostrano un aumento aggiustato di SOL per azione del 129% dal lancio della tesoreria, con un valore attuale di 0,0197 SOL ($4,37). L’azienda sta delegando in staking quasi l’intero ammontare di SOL, generando circa $105.000 di ricavi giornalieri a un rendimento intorno all’8%. Upexi ha inoltre costituito un Comitato Consultivo, nominando Arthur Hayes primo consigliere, e ha tenuto con successo una Assemblea Speciale degli Azionisti per approvare l’aumento delle azioni emettibili nell’ambito della sua linea di capitale azionario.
Upexi (NASDAQ: UPXI) informó un crecimiento significativo en sus operaciones de tesorería en Solana (SOL), con ganancias no realizadas que alcanzan $142 millones. La tesorería del grupo posee ahora 2.018.419 SOL valorados en $447 millones, aproximadamente el 53% bloqueados y comprados con un descuento de media decena de puntos porcentuales.
Los indicadores clave muestran un aumento ajustado de SOL por acción del 129% desde el lanzamiento de la tesorería, con un valor actual de 0,0197 SOL ($4,37). La compañía está apostando casi todas sus tenencias de SOL en staking, generando alrededor de $105.000 de ingresos diarios con un rendimiento cercano al 8%. Upexi también ha creado un Comité Asesor, incorporando a Arthur Hayes como su primer asesor, y celebró con éxito una Junta Especial de Accionistas para aprobar un incremento en las acciones emitibles bajo su línea de capital.
Upexi (NASDAQ: UPXI)는 솔라나(SOL) 재무운영에서 큰 성장을 보고했으며, 미실현 이익은 $1억4,200만에 달합니다. 회사의 트레저리는 현재 2,018,419 SOL을 보유하고 있으며 총 가치는 4억4,700만 달러로, 약 53%는 중간 두 자리대 할인으로 매입한 락업된 SOL입니다.
주요 지표로는 트레저리 출범 이후 주당 조정 SOL 비율이 129% 증가했으며 현재 가치는 0.0197 SOL(4.37달러)입니다. 회사는 보유 SOL의 거의 전부를 스테이킹하고 있어 약 하루 $105,000의 수익을 창출하며 수익률은 약 8%입니다. Upexi는 또한 자문위원회를 구성해 Arthur Hayes를 첫 자문으로 맞이했으며, 주주 특별총회를 성공적으로 개최해 자본 한도 내에서 발행 가능한 주식 수 증대를 승인했습니다.
Upexi (NASDAQ: UPXI) a déclaré une croissance significative de ses opérations de trésorerie en Solana (SOL), avec des gains non réalisés atteignant 142 M$. La trésorerie détient désormais 2 018 419 SOL évalués à 447 M$, dont environ 53% sont des SOL verrouillés achetés avec une décote d’une dizaine de points en moyenne.
Les indicateurs clés montrent une hausse ajustée de SOL par action de 129% depuis le lancement de la trésorerie, la valeur actuelle étant de 0,0197 SOL (4,37 $). La société met en staking quasiment l’intégralité de ses avoirs en SOL, générant environ 105 000 $ de revenus journaliers à un rendement d’environ 8%. Upexi a également créé un comité consultatif, accueillant Arthur Hayes comme premier conseiller, et a tenu avec succès une assemblée générale extraordinaire pour approuver l’augmentation du nombre d’actions pouvant être émises dans le cadre de sa ligne de capitaux propres.
Upexi (NASDAQ: UPXI) meldete ein deutliches Wachstum seiner Solana (SOL)-Treasury-Aktivitäten mit nicht realisierten Gewinnen in Höhe von $142 Millionen. Die Treasury hält nun 2.018.419 SOL im Wert von 447 Millionen Dollar, davon rund 53% in gesperrten SOL, die mit einem mittleren zweistelligen Prozentnachlass erworben wurden.
Zentrale Kennzahlen zeigen einen bereinigten Anstieg der SOL pro Aktie um 129% seit Start der Treasury, der aktuelle Wert liegt bei 0,0197 SOL (4,37 $). Das Unternehmen staked nahezu sämtliche SOL-Bestände und erzielt dadurch rund $105.000 Tagesumsatz bei etwa 8% Rendite. Upexi hat zudem ein Beratungskomitee eingerichtet, Arthur Hayes als ersten Advisor gewonnen und erfolgreich eine außerordentliche Hauptversammlung abgehalten, um die Anzahl der unter der Kapitallinie auszugebenden Aktien zu erhöhen.
- Unrealized gain of $142 million (46%) on SOL treasury holdings
- 129% increase in adjusted SOL per share since treasury launch
- Daily revenue of $105,000 from SOL staking at ~8% yield
- 53% of portfolio in discounted locked SOL purchased at mid-teens discount
- Successful capital issuances with all three deals materially in the money
- Net cash position of -$35.5 million indicates debt burden
- Trading at 0.7x Basic mNAV suggests market undervaluation
- High exposure to SOL price volatility with $447 million treasury value
Insights
Upexi demonstrates strong treasury management with 46% unrealized SOL gains and 129% increase in adjusted SOL per share since strategy launch.
Upexi's latest treasury update reveals impressive performance metrics that demonstrate the efficacy of their Solana-focused strategy. The company now holds
The company's introduction of an "adjusted SOL per share" metric provides a useful framework for evaluating their treasury management operations. This figure has increased by
Particularly noteworthy is Upexi's treasury composition, with approximately
The formation of an Advisory Committee including prominent digital asset figure Arthur Hayes signals the company's commitment to strengthening its cryptocurrency strategy and expanding its institutional relationships, as evidenced by participation in multiple financial conferences. The stockholder approval to increase potential share issuance under their equity line provides additional flexibility for future treasury expansion.
Overall, Upexi demonstrates sophisticated treasury management through disciplined execution across multiple value accrual channels, translating cryptocurrency holdings into tangible shareholder value without relying solely on SOL price appreciation.
Unrealized gain now stands at
TAMPA, Fla., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI), a brand owner specializing in the development, manufacturing, and distribution of consumer products with diversification into the cryptocurrency space, today released its periodic update.
“The last several weeks were extremely strong for Upexi, highlighted by a substantial increase in the price of SOL,” stated Upexi CEO Allan Marshall. “As a result, our Solana treasury now stands at
Brian Rudick, Chief Strategy Officer, added, “Upexi has uniquely demonstrated our ability to create value for shareholders – we have closed three successful capital issuances, with all three deals materially in the money; we have generated a
Below are highlights from the last several weeks.
Treasury Update as of September 10, 2025
- Treasury: Upexi held 2,018,419 SOL, up
1% from the 2,000,518 SOL on August 4, 2025. - Net Asset Value: Using the September 10, 2025 price of
$221.59 per SOL2, the 2,018,419 SOL are valued at$447 million . - Unrealized Gain: The cost of Upexi’s SOL totals
$306 million , or$151.44 per SOL. The unrealized gain, which includes both price appreciation and the discount on locked SOL, stands at$142 million . - SOL per Share: Upexi is introducing a new adjusted SOL per share metric, described more below, where as of September 10, adjusted SOL per share was 0.0197 or
$4.37 , up56% and126% , respectively, from the launch of the Solana treasury strategy. - Staking: Substantially all the Company’s SOL are being staked, earning an ~
8% yield. The current daily yield is approximately$105,000 per day in revenue. - Locked SOL: Approximately
53% of the portfolio is locked SOL purchased at a mid-teens discount to the spot price and providing for built-in gains for shareholders. - Valuation: Using the closing price of Upexi stock on September 10, 2025, Upexi traded at a Basic mNAV of 0.7x and a Fully-Loaded mNAV of 1.2x.
Business Initiatives
- Advisory Committee: Upexi established an Advisory Committee composed of highly prominent individuals from digital assets and traditional finance and welcomed Arthur Hayes as its first Advisor.
- Special Meeting: Upexi held a Special Meeting of Stockholders where stockholders approved increasing the number of shares the Company may issue, at its sole discretion, under its equity line.
- Investor Conferences: Upexi participated in the Canaccord Genuity 45th Annual Growth Conference, the 5th Annual Needham Virtual Crypto Conference, and the H.C. Wainwright 27th Annual Global Investment Conference.
Upexi Events / Multimedia Recap
- Canaccord Genuity 45th Annual Growth Conference fireside chat
- H.C. Wainwright 27th Annual Global Investment Conference presentation
- Milk Road Podcast
- Thinking Crypto Podcast
- Unchained Bits + Bips Podcast
Adjusted SOL per Share
Upexi is introducing a new adjusted SOL per share metric, which management believes can supplement investor analysis, as it adjusts for items that may heavily skew basic SOL per share numbers like investment timing and leverage and is therefore the best metric by which to gauge the efficacy of the Company’s treasury management operations.
Management believes that adjusted SOL per share denominated in SOL measures value creation from the company’s three value accrual mechanisms in accretive capital issuance, staking revenue, and discounted locked SOL purchases, but excludes the impact of the change in the price of SOL to the greatest extent possible. Here, Upexi has 0.0197 in adjusted SOL per share, up from 0.0127 upon the close of Upexi’s initial
In dollar terms, adjusted SOL per share captures the three aforementioned value accrual mechanisms as well as the change in the price of SOL. Upexi’s adjusted SOL per share now stands at
| Adjusted SOL per Share | |||||||
| September 10, 2025 | |||||||
| April 24, 2025 | Share Count | ||||||
| Share Count | Shares issued & outstanding | 58,893,261 | |||||
| Shares issued & outstanding, March 31, 2025 | 1,430,429 | Shares underlying | 35,292,206 | ||||
| April 2025 PIPE common shares | 35,970,383 | Share count (adjusted) | 94,185,467 | ||||
| April 2025 PIPE pre-funded warrants | 7,889,266 | ||||||
| Share count (adjusted) | 45,290,078 | SOL Held | |||||
| Total SOL held | 2,018,419 | ||||||
| SOL Held | Net cash | -35,500,000 | |||||
| Net cash from April 2025 PIPE | 87,500,000 | SOL price, September 10, 2025 | |||||
| SOL price, April 24, 2025 | Net cash (in SOL) | -160,206 | |||||
| SOL held (adjusted) | 574,411 | SOL held (adjusted) | 1,858,213 | ||||
| Adjusted SOL / share (in SOL) | 0.0127 | Adjusted SOL / share (in SOL) | 0.0197 | ||||
| Adjusted SOL / share (in USD) | $1.93 | Adjusted SOL / share (in USD) | $4.37 | ||||
Sources: Yahoo Finance, CoinMarketCap, Company filings. Note: Assumes net proceeds from the April equity private placement are deployed into spot SOL upon raise close.
About Upexi, Inc.
Upexi is a brand owner specializing in the development, manufacturing, and distribution of consumer products. The Company has entered the cryptocurrency industry and cash management of assets through a cryptocurrency portfolio. For more information on Upexi’s treasury strategy and future developments, visit www.upexi.com.
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
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 anticipated use of proceeds. 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: (216) 347-0473
Media Contact
Gasthalter & Co.
Upexi@gasthalter.com
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
(212) 896-1254
Upexi@KCSA.com
______________________________
1 Includes both SOL price appreciation and the discount on locked SOL.
2 Price of SOL as of 4:00pm ET quoted on coinmarketcap.com.
FAQ
What is Upexi's (UPXI) current Solana treasury value and unrealized gain?
How much has Upexi's (UPXI) adjusted SOL per share increased since treasury launch?
What is the daily staking revenue for Upexi (UPXI) from its Solana holdings?
How many Solana (SOL) tokens does Upexi (UPXI) currently hold?
What percentage of Upexi's (UPXI) SOL portfolio is in locked tokens?
