Nasdaq-Listed Upexi Secures $500M Equity Line to Expand #solona Treasury #Holdings

On July 28, 2025, Upexi, Inc. (NASDAQ: UPXI) announced an equity line agreement with A.G.P./Alliance Global Partners, enabling it to issue up to $500 million worth of its common stock at its sole discretion.

The arrangement carries no commitment fee, offers “particularly friendly terms,” and represents an attractive cost of capital for Upexi.

Solana Expansion and Treasury Position

Upexi plans to use the proceeds for general corporate purposes and to expand its Solana (SOL) treasury holdings as part of its treasury strategy.

By mid‑July, the company had already acquired 1.82 million SOL (valued at roughly $331 million), generating an $58 million unrealized gain, and projected annual staking revenue of up to $26 million at ~8% yield.

On July 23, Upexi bought an additional 83,000 SOL (~$16.7M), boosting total holdings to approximately 1.9 million SOL worth about $381 million at the spot price as of July 22.