Upexi Buys Discounted Locked SOL, Surpasses $100 Million of SOL and Becomes the Largest Publicly-Traded Solana Treasury Company
Upexi (NASDAQ:UPXI) has expanded its Solana holdings by purchasing 326,347 discounted locked SOL tokens at an average price of $135.22. The company now holds a total of 596,714 SOL tokens, acquired at an aggregate cost of $84.2 million ($141.10 per SOL). At the current SOL price of $171.15, Upexi's Solana treasury is valued at $102 million, representing an $18 million gain for shareholders. This makes Upexi the largest publicly-traded Solana treasury company.
The company's strategy involves buying and holding discounted locked SOL tokens, which are being staked with an approximate 1.4-year weighted duration. This approach effectively more than doubles the staking yield for shareholders while maintaining risk prudence.
Upexi (NASDAQ:UPXI) ha aumentato le sue partecipazioni in Solana acquistando 326.347 token SOL bloccati scontati a un prezzo medio di 135,22 dollari. Ora l'azienda detiene un totale di 596.714 token SOL, acquisiti a un costo complessivo di 84,2 milioni di dollari (141,10 dollari per SOL). Al prezzo attuale di SOL di 171,15 dollari, il tesoro Solana di Upexi è valutato 102 milioni di dollari, rappresentando un guadagno di 18 milioni di dollari per gli azionisti. Ciò rende Upexi la società con il più grande tesoro Solana quotato in borsa.
La strategia dell'azienda consiste nell'acquistare e detenere token SOL bloccati scontati, che vengono messi in staking con una durata media ponderata di circa 1,4 anni. Questo approccio raddoppia di fatto il rendimento dello staking per gli azionisti, mantenendo al contempo una gestione prudente del rischio.
Upexi (NASDAQ:UPXI) ha ampliado su participación en Solana al comprar 326,347 tokens SOL bloqueados con descuento a un precio promedio de $135.22. La compañía ahora posee un total de 596,714 tokens SOL, adquiridos a un costo agregado de $84.2 millones ($141.10 por SOL). Al precio actual de SOL de $171.15, la tesorería de Solana de Upexi está valorada en $102 millones, representando una ganancia de $18 millones para los accionistas. Esto convierte a Upexi en la empresa pública con la tesorería de Solana más grande.
La estrategia de la compañía implica comprar y mantener tokens SOL bloqueados con descuento, que están siendo apostados con una duración ponderada aproximada de 1.4 años. Este enfoque efectivamente más que duplica el rendimiento del staking para los accionistas, manteniendo la prudencia en el riesgo.
Upexi (NASDAQ:UPXI)는 평균 가격 $135.22에 할인된 잠금 SOL 토큰 326,347개를 구매하여 솔라나 보유량을 확대했습니다. 회사는 현재 총 596,714 SOL 토큰을 보유하고 있으며, 총 취득 비용은 8,420만 달러(토큰당 $141.10)입니다. 현재 SOL 가격이 $171.15인 점을 감안할 때, Upexi의 솔라나 자산 가치는 1억 2백만 달러에 달하며, 주주들에게 1,800만 달러의 이익을 제공합니다. 이로써 Upexi는 가장 큰 상장 솔라나 자산 보유 회사가 되었습니다.
회사의 전략은 할인된 잠금 SOL 토큰을 매수하여 약 1.4년 가중 평균 기간 동안 스테이킹하는 것입니다. 이 방법은 위험 관리를 유지하면서 주주들의 스테이킹 수익률을 사실상 두 배 이상으로 높입니다.
Upexi (NASDAQ:UPXI) a augmenté ses avoirs en Solana en achetant 326 347 tokens SOL verrouillés à prix réduit, au prix moyen de 135,22 $. La société détient désormais un total de 596 714 tokens SOL, acquis pour un coût global de 84,2 millions de dollars (141,10 $ par SOL). Au prix actuel du SOL de 171,15 $, la trésorerie Solana d'Upexi est évaluée à 102 millions de dollars, ce qui représente un gain de 18 millions de dollars pour les actionnaires. Cela fait d'Upexi la plus grande société cotée en bourse détenant une trésorerie Solana.
La stratégie de la société consiste à acheter et conserver des tokens SOL verrouillés à prix réduit, qui sont mis en staking avec une durée pondérée d'environ 1,4 an. Cette approche double pratiquement le rendement du staking pour les actionnaires tout en maintenant une gestion prudente des risques.
Upexi (NASDAQ:UPXI) hat seine Solana-Bestände durch den Kauf von 326.347 rabattierten, gesperrten SOL-Token zu einem Durchschnittspreis von 135,22 US-Dollar erweitert. Das Unternehmen hält nun insgesamt 596.714 SOL-Token, die zu Gesamtkosten von 84,2 Millionen US-Dollar (141,10 US-Dollar pro SOL) erworben wurden. Bei einem aktuellen SOL-Preis von 171,15 US-Dollar wird Upexis Solana-Treasury mit 102 Millionen US-Dollar bewertet, was einen Gewinn von 18 Millionen US-Dollar für die Aktionäre bedeutet. Damit ist Upexi das größte börsennotierte Solana-Treasury-Unternehmen.
Die Strategie des Unternehmens besteht darin, rabattierte, gesperrte SOL-Token zu kaufen und zu halten, die mit einer ungefähren gewichteten Laufzeit von 1,4 Jahren gestakt werden. Dieser Ansatz verdoppelt effektiv die Staking-Rendite für die Aktionäre, während das Risiko vorsichtig gemanagt wird.
- Acquired 326,347 SOL at a discounted price of $135.22, below current market price of $171.15
- $18 million unrealized gain on total SOL holdings
- Largest publicly-traded Solana treasury with 596,714 SOL valued at $102 million
- Enhanced returns through staking of locked SOL tokens
- Strategic positioning in Solana ecosystem with long-term HODL strategy
- Significant capital allocation ($84.2 million) to volatile cryptocurrency assets
- Locked tokens have limited liquidity due to vesting period
- High concentration risk in a single cryptocurrency
Upexi purchased 326,347 of Discounted Locked SOL for an average price of
Upexi Now Holds 596,714 SOL valued at
TAMPA, FL / ACCESS Newswire / May 12, 2025 / Upexi Inc. (NASDAQ:UPXI), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, has increased its treasury of Solana to approximately 596,714 Solana (SOL) tokens. The tokens, which consist of both spot and locked tokens, were purchased for an aggregate of
Andrew Norstrud, CFO of Upexi, commented, "With a long-term buy and HODL strategy, purchasing discounted locked SOL provides for built-in gains for shareholders as the discount moves to par over time. And with the locked SOL being staked, the combination of the discount and the approximate 1.4 year weighted duration effectively more than doubles the staking yield for shareholders in a risk-prudent manner."
Upexi CEO, Allan Marshall, stated, "We are proud to have achieved a strong entry point into Solana for shareholders despite the recent rally, and even more proud to be the leading Solana Treasury Company with the most SOL. Solana is the end-game winning smart contract blockchain, and we will continue to acquire and HODL Solana to both expand access to Solana via the public markets and for the benefit of shareholders."
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 CEO, Allan Marshall, on X - https://x.com/marshall_a22015
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
Andrew Norstrud, Chief Financial Officer
Email: andrew.norstrud@upexi.com
Phone: (702) 332-5591
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
Email: Upexi@KCSA.com
Phone: (212) 896-1254
SOURCE: Upexi
View the original press release on ACCESS Newswire
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