Upexi (NASDAQ: UPXI) unveils Solana strategy, buyback and CEO buys

Rhea-AI Filing Summary

Upexi, Inc. reported several corporate updates related to capital allocation and investor outreach. The company plans to implement a risk-adjusted high yield strategy intended to materially enhance its Solana treasury returns in 2026 and disclosed its total SOL holdings as of January 5, 2026.

Upexi also reported that it repurchased 416,226 shares of its common stock at an average price of $1.92, and that CEO Allan Marshall purchased 200,000 shares in December 2025, signaling recent insider and corporate share accumulation. In addition, the company announced plans to participate in two investor conferences during January 2026 to engage with the investment community.

Insights

Equity & capital allocation analyst

Upexi pairs a new Solana treasury strategy with buybacks and CEO share purchases.

Upexi describes a risk-adjusted high yield approach aimed at materially enhancing Solana treasury returns in 2026, while also disclosing its SOL holdings as of January 5, 2026. This indicates active management of its digital-asset treasury rather than a purely passive stance, though specific allocations and risk limits are not detailed in this excerpt.

The company reports repurchasing 416,226 shares at an average price of $1.92, alongside CEO Allan Marshall’s purchase of 200,000 shares in December 2025. These actions increase insider and corporate ownership, which some investors view as an alignment signal, but their overall impact depends on Upexi’s total share count and future capital needs, which are not provided here.

Upexi also plans to take part in two investor conferences in January 2026, providing a venue to explain its Solana strategy and capital moves directly to investors. Subsequent company communications may offer more detail on performance of the treasury strategy and any further repurchase or insider activity.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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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 stated that it will implement a risk-adjusted high yield strategy designed to materially enhance Solana treasury returns in 2026, and it disclosed its total SOL holdings as of January 5, 2026.

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

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

Did Upexi (UPXI) report any recent insider share purchases?

Yes. Upexi disclosed that its CEO, Allan Marshall, purchased 200,000 shares of the company’s common stock in December 2025.

What investor relations activities did Upexi (UPXI) highlight?

Upexi announced that it will participate in two investor conferences in January 2026, with details provided in a press release dated January 9, 2026.

Are the Upexi (UPXI) press releases treated as filed financial statements?

No. Upexi specifies that the information in Item 8.01, including Exhibits 99.1 and 99.2, is being furnished and is not deemed “filed” for purposes of Section 18 of the Exchange Act or automatically incorporated into other securities filings.

Which exhibits are attached to this Upexi (UPXI) 8-K?

The report lists Exhibit 99.1 (press release dated January 7, 2026), Exhibit 99.2 (press release dated January 9, 2026), and Exhibit 104 (Cover Page Interactive Data File).