Upexi's cryptocurrency strategy pays off with 67% weekly gain
Main Idea
Upexi (NASDAQ:UPXI) shares rose significantly due to the company's increased investment in Solana (SOL) cryptocurrency, funded by a $50M equity offering and a $150M note offering.
Key Points
1. Upexi (NASDAQ:UPXI) shares closed the week with a significant gain.
2. The company increased its investment in Solana (SOL) cryptocurrency.
3. Upexi secured $50M through an equity offering.
4. Upexi secured $150M through a note offering.
Description
More on Upexi Upexi: The 'Strategy' Of Solana? Upexi prices $200M private placement of common stock and convertible notes Upexi increases Solana treasury to 201,500 Solana tokens for $30M Seeking Alpha’s Quant Rating on Upexi Historical earnings data for Upexi
$SOL
$204.50
+0.76%
$QNT
$102.66
+1.54%
Latest News
- Crypto short interest sees mixed response in July2025-08-15 15:13:53
- DeFi Dev purchases $22M SOL, grows treasury to 1.42M SOL2025-08-15 14:15:29
- Hong Kong securities watchdog sets new custody rules for crypto exchanges2025-08-15 13:54:01
- ETHZilla (180 Life Sciences) Pivots To Ethereum Treasury Strategy2025-08-15 13:17:29
- Circle prices 10M share public offering at $130 each2025-08-15 07:19:45