Upexi Secures $500M Equity Line to Expand Solana Treasury Holdings
The post Upexi Secures $500M Equity Line to Expand Solana Treasury Holdings appeared on BitcoinEthereumNews.com. Key Notes Zero-fee equity arrangement provides flexible capital access while maintaining discretionary timing for stock sales. Company holds leading position among Solana treasury firms with 8% staking yield generating $26M annually. Share dilution concerns emerge as transformation from consumer products to cryptocurrency treasury strategy continues. Nasdaq-listed Upexi Inc. announced Monday, July 28, that it has entered into an equity line agreement with A.G.P./Alliance Global Partners, providing additional capital to expand its Solana SOL $183.4 24h volatility: 2.7% Market cap: $98.67 B Vol. 24h: $11.74 B treasury holdings through strategic stock sales of up to $500 million. According the press relese, the arrangement allows Upexi to issue shares at its sole discretion, subject to certain restrictions and closing conditions, with proceeds destined for general corporate purposes and furthering the company’s Solana treasury strategy. A.G.P./Alliance Global Partners will serve as the sole sales agent for the equity line. “The equity line gives Upexi additional means and flexibility to raise capital and increase its Solana position,” CEO Allan Marshall stated. “The equity line was negotiated with zero fees and particularly friendly terms, and represents an attractive cost of capital. Upexi now has a multitude of tools to raise capital in the most cost-effective and accretive manner to build on its growing Solana treasury.” Aggressive SOL Accumulation Strategy Yields $26 Million Annually The equity line announcement comes as Upexi continues aggressively building its SOL holdings. The company currently holds approximately 1.9 million SOL tokens valued at over $346 million, according to its website. The firm stakes substantially all its SOL holdings, generating approximately 8% yield and anticipating up to $26 million in annual staking revenue based on current holdings and token price. The company began its Solana treasury strategy in April 2025 with an initial $100 million private placement led by GSR, followed by…
The post Upexi Secures $500M Equity Line to Expand Solana Treasury Holdings appeared on BitcoinEthereumNews.com.
Key Notes Zero-fee equity arrangement provides flexible capital access while maintaining discretionary timing for stock sales. Company holds leading position among Solana treasury firms with 8% staking yield generating $26M annually. Share dilution concerns emerge as transformation from consumer products to cryptocurrency treasury strategy continues. Nasdaq-listed Upexi Inc. announced Monday, July 28, that it has entered into an equity line agreement with A.G.P./Alliance Global Partners, providing additional capital to expand its Solana SOL $183.4 24h volatility: 2.7% Market cap: $98.67 B Vol. 24h: $11.74 B treasury holdings through strategic stock sales of up to $500 million. According the press relese, the arrangement allows Upexi to issue shares at its sole discretion, subject to certain restrictions and closing conditions, with proceeds destined for general corporate purposes and furthering the company’s Solana treasury strategy. A.G.P./Alliance Global Partners will serve as the sole sales agent for the equity line. “The equity line gives Upexi additional means and flexibility to raise capital and increase its Solana position,” CEO Allan Marshall stated. “The equity line was negotiated with zero fees and particularly friendly terms, and represents an attractive cost of capital. Upexi now has a multitude of tools to raise capital in the most cost-effective and accretive manner to build on its growing Solana treasury.” Aggressive SOL Accumulation Strategy Yields $26 Million Annually The equity line announcement comes as Upexi continues aggressively building its SOL holdings. The company currently holds approximately 1.9 million SOL tokens valued at over $346 million, according to its website. The firm stakes substantially all its SOL holdings, generating approximately 8% yield and anticipating up to $26 million in annual staking revenue based on current holdings and token price. The company began its Solana treasury strategy in April 2025 with an initial $100 million private placement led by GSR, followed by…
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