Upexi buys 100k SOL, growing Solana treasury to $331m

Upexi, a consumer product company listed in Nasdaq which is currently the largest business holder in the Solana cryptocurrency, added to its participations with a new Buy of 100,000 soil.

Upexi announcement On July 21, he picked up an additional 100,000 Solana (GROUND) tokens, widening his Solara The treasure at more than 1.8 million soil worth more than $ 331 million at the time of purchase. In its soil move completed on July 17, Upexi acquired around $ 17.7 million in the cryptocurrency, each soil was reduced to an average price of $ 176.77.

Upexi holdings soil, classified by NASDAQ increased by 147% compared to the ground of around 735.7K which he held on June 30. The company acquired 56% of its Solana assets in locked form, which means that it picked them up at a reduced price. Business Addition of 56K Sol in June.

Upexi nets $ 58 Million of unrealized gains

According to the company based in Tampa, Florida, the total of 1.82 million soil on its balance sheet represents a total spent of $ 273 million. With the rise in Solana’s prices in recent weeks, the unrealized gains of the Upexi amounted to $ 58 million.

In particular, Solana’s price jumped above $ 190 while Altcoins experience an important optimistic dynamic. The signature of President Donald Trump The act of genius The law has marked a historic step for cryptographic regulations in the United States which saw Altcoins increase, led by Ethereum (Ethn) bounce more than $ 3,800.

The Upexi, which raised $ 100 million in April when it was trying to support a solara -based cash strategy, estimates that its strategy could see it win 26 million dollars in income per year.

Allan Marshall, Managing Director of the Upexi, commented after the latest floor purchase:

“The UPEXI was the first public company to raise a private equity in large -scale equity for a digital asset treasure Altcoin. In just three months, we have achieved two increases in additional accredited capital, including a very innovative convertible note, and increased the treasure to 1.8 million we can and will continue to create a significant value for shareholders. »»

The strategy inspires cryptographic cash flow plans

Solana drew significant attention as one of the “made in America” cryptocurrencyWith a traction for the funds negotiated in exchange for the SPOT SOL, a massive attention area before an eagerly awaited approval of the dry.

In addition to the UPEXI, other companies exploring the advantages of a Solana treasure strategy include STRATEGIES and DEFI DEVELOPMENT CORPORATION.

Companies’ plans for soil cash models have emerged in response to an increase in institutional interest for crypto. Michael Saylor’s strategy, the company previously known as Microstrategy, is a key inspiration for many like its bitcoin (BTC) The treasure has gone to billions of BTC.

DEFI DEVELOPMENT CORP increased its holdings by 141,383 additional tokens, acquired between July 14 and July 20, 2025.