Upexi (NASDAQ: UPXI) sets Solana strategy, share buyback, CEO buy

Rhea-AI Filing Summary

Upexi, Inc. reported that it has begun implementing a risk-adjusted high yield strategy intended to materially enhance its Solana (SOL) treasury returns in 2026. The company also disclosed that it repurchased 416,226 shares of its common stock at an average price of $1.92 per share, signaling recent capital returned to shareholders through buybacks. In addition, CEO Allan Marshall purchased 200,000 shares in December 2025, indicating insider share accumulation. Upexi further announced it will participate in two investor conferences in January 2026 to engage with the investment community.

Insights

Equity capital markets analyst

Upexi outlines Solana treasury strategy, buybacks, and CEO share purchases.

Upexi plans a risk-adjusted high yield strategy aimed at materially enhancing returns on its Solana treasury in 2026. This indicates an intention to actively manage its crypto holdings rather than passively holding them, which could influence future non-operating income depending on performance.

The company reports repurchasing 416,226 shares at an average of $1.92 per share, which reduces share count versus what it otherwise would have been and reflects a recent allocation of capital to buybacks. Separately, CEO Allan Marshall’s purchase of 200,000 shares in December 2025 shows insider buying activity aligned with common shareholders.

Upexi also plans to present at two investor conferences in January 2026, which may provide additional detail on its Solana strategy, capital deployment, and overall business positioning. Subsequent company communications may elaborate on risk controls, target returns, and how treasury results will be reported.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________________

FORM 8-K

_______________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 7, 2026

_______________________________

UPEXI, INC.

(Exact name of registrant as specified in its charter)

_______________________________

Delaware		001-40535		83-3378978
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

3030 N. Rocky Point Drive, Suite 420

Tampa, FL 33607

(Address of Principal Executive Offices) (Zip Code)

(727) 287-2800

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.00001		UPXI		NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On January 7, 2026, Upexi, Inc. (the “Company”) issued a press release announcing that the Company will be implementing a risk-adjusted high yield strategy to materially enhance Solana treasury returns in 2026. The Company also disclosed total SOL holdings as of January 5, 2026, that it had repurchased 416,226 shares at an average price of $1.92 and that CEO Allan Marshall purchased 200,000 shares in December 2025. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

On January 9, 2026, the Company issued a press release announcing details of its participation in two investor conferences in the month of January 2026. A copy of the press release is attached as Exhibit 99.2 to this Current Report on Form 8-K and incorporated by reference herein.

The information in Item 8.01, including Exhibit 99.1 and Exhibit 99.2 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any of the Company’s filings under the Securities Act, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this Report in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Exhibit Description
99.1		Press Release of Upexi, Inc., dated January 7, 2026
99.2		Press Release of Upexi, Inc., dated January 9, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL Document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		UPEXI, INC.
Dated: January 9, 2026		/s/ Andrew J. Norstrud
		Name: Andrew J. Norstrud
		Title: Chief Financial Officer

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FAQ

What did Upexi (UPXI) announce about its Solana treasury strategy?

Upexi announced it is implementing a risk-adjusted high yield strategy intended to materially enhance Solana (SOL) treasury returns in 2026.

How many Upexi (UPXI) shares were repurchased and at what price?

Upexi disclosed that it repurchased 416,226 shares of common stock at an average price of $1.92 per share.

Did Upexis CEO recently buy company shares?

Yes. The company reported that CEO Allan Marshall purchased 200,000 shares of Upexi stock in December 2025.

What upcoming investor events is Upexi (UPXI) participating in?

Upexi stated it will participate in two investor conferences during January 2026, with details provided in a January 9, 2026 press release.

Where can investors find the full details of Upexis announcements?

Details are contained in press releases attached as Exhibit 99.1 (January 7, 2026) and Exhibit 99.2 (January 9, 2026) to the report.

Are the Upexi Solana and conference disclosures considered filed or furnished?

The company states that Item 8.01 information and Exhibits 99.1 and 99.2 are being furnished and not deemed filed under Section 18 of the Exchange Act.