Upexi reports holdings of 2.1M Solana as of October 31

Treasury Update as of October 31, 2025 Treasury: Upexi (UPXI) holds 2,106,989 SOL, up 4.4% from the 2,018,419 SOL on September 10, 2025. Net Asset Value: Using the October 31, 2025, price of $188.56 per SOL2, the 2,106,989 SOL are valued at $397 million. Unrealized Gain: The cost of Upexi’s SOL totals $325 million, or $157.66 per SOL. The unrealized gain, which includes price appreciation, staking rewards, and the discount on locked SOL, stands at $72 million. SOL per Share: Adjusted SOL per share is 0.0187 or $3.52, up 47% and 82%, respectively, from the launch of the Solana treasury strategy. Staking: Substantially all the Company’s SOL are being staked, earning a roughly 7-8% yield. The current daily yield is approximately $75,000 per day in revenue. Locked SOL: Approximately 42% of the portfolio is locked SOL purchased at a mid-teens discount to the spot price and providing for built-in gains for shareholders. Valuation: On October 31, 2025, Upexi traded at a Basic mNAV of 0.7x and a Fully-Loaded mNAV of 1.3x. “Upexi remains positioned to grow despite reduced treasury company sentiment,” stated Upexi CEO Allan Marshall. “Whether via a large unrealized gain, a substantial increase in adjusted SOL per share, or the strong performance of our stock since embarking on our Solana treasury strategy, we remain committed to creating long-term incremental value for shareholders.”