Upexi purchases 45.7K Solana tokens

Upexi (UPXI) is detailing the expansion plans of its treasury strategy to focus on Solana tokens after closing on a $100 million private placement led by crypto trading firm GSR and includes participation from top-tier venture capital firms, key Solana-aligned investors, and the Solana Foundation, signaling deep institutional support and confidence in the initiative. The marks Upexi’s entry into the digital asset space, positioning the Company at the forefront of blockchain integration in corporate finance. Since the closing of the private placement, the Company has accumulated approximately 45,733 Solana Tokens making an initial investment of approximately $6.7 million.