Upexi's SOL Holdings Surpass 735,000 Coins, While Simultaneously Exploring Entry into Tokenized Equity Sector
BlockBeats News, July 8th, according to The Block, Upexi is a company that has incorporated Solana into its corporate treasury assets. The company stated that as of the end of June, its holdings of SOL reached 735,692 coins, an 8.2% increase from May.
Since investors applied to sell off millions of shares, Upexi's stock price has dropped by about 60% and has remained below $4 per share ever since. Last month, the stock briefly surged to over $15, but then retraced.
Upexi is one of the few companies attempting to replicate Strategy's successful treasury strategy centered around Bitcoin, but focusing on altcoins like Solana. Strategy's stock price has seen a sharp increase as the Bitcoin price rises. Other companies pursuing a Solana accumulation strategy include DeFi Dev Corp and SOL Strategies in Canada.
You may also like

Understanding Bitcoin CME Gaps: A Guide to Trading Them in 2025
Bitcoin CME gaps might sound like a mysterious puzzle in the crypto world, but they’re actually fascinating opportunities…

Crypto Payments and AI Fuel Massive Adoption Surge in 2025
As of today, August 13, 2025, the world of cryptocurrency continues to evolve rapidly, with fresh insights revealing…

21Shares Submits SEC Filing for Spot ONDO ETF on August 13, 2025
Imagine stepping into the fast-evolving world of decentralized finance, where traditional assets meet blockchain innovation. Today, on August…

Bitcoin Price Ceiling Now Projected at $135K by Ki Young Ju – 2025 Insights
As of August 13, 2025, experts are buzzing about Bitcoin’s potential highs in this ongoing market cycle, with…

Mt. Gox Shifts $1 Billion in Bitcoin Amid Ongoing Market Swings
The long-dormant crypto exchange is once again making waves by transferring a massive 12,000 BTC to an unknown…
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com