PANews July 9 news, according to The Block, Nasdaq-listed company Upexi disclosed on Tuesday that as of the end of June, its SOL holdings reached 735,692, an increase of 8.2% compared to May. The company earns an annualized return of 8% by staking SOL. Upexi's CEO Allan Marshall stated that in June, the company completed key initiatives such as listing options on Nasdaq and announcing equity tokenization through Superstate, and will focus on enhancing market exposure and adding value for shareholders in the future. It is reported that Upexi's stock price plummeted 60% after investors applied to sell millions of shares, and is currently trading below $4, having briefly exceeded $15 last month.
