Upexi's cryptocurrency strategy pays off with 67% weekly gain
2025-07-18 15:39:10
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
$176.79
+0.72%
$QNT
$113.99
+0.70%
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