Upexi Stock Rockets 700% as GSR Anchors $100M Investment for SOL Accumulation

Upexi Stock Rockets 700% as GSR Anchors $100M Investment for SOL Accumulation

Crypto trading firm GSR led a $100 million private placement into Upexi (UPXI), a consumer-goods company pivoting to a digital asset-based treasury strategy. The company, whose products include medicinal mushroom gummies and pet-grooming tools, said it will use the capital to accumulate and stake solana (SOL) tokens. The Tampa, Florida-based company had a market cap of $3 million on Friday.The investment, structured as a private investment in pu…

Upexi Says It Is Raising $100 Million to Buy Solana Crypto Token

Upexi Inc. is raising $100 million as part of a pivot that will see the company start to accumulate the cryptocurrency Solana, according to a Monday statement. The company’s shares surged more than 300% in early trading.

GSR Leads $100M Private Placement into Nasdaq-listed Upexi, Inc. to Back Solana-Based Treasury Strategy - Tech Startups

NEW YORK, NEW YORK, 21st April 2025, Chainwire The post GSR Leads $100M Private Placement into Nasdaq-listed Upexi, Inc. to Back Solana-Based Treasury Strategy first appeared on Tech Startups.

GSR Leads $100M Private Placement into Nasdaq-listed Upexi, Inc. to Back Solana-Based Treasury Strategy - BlockTelegraph

NEW YORK, NEW YORK, 21st April 2025, Chainwire

Upexi Stock Soars Over 450% Following $100M GSR Investment Backing Solana Treasury Strategy

in a shocking market shift, Upexi Inc. (NASDAQ: UPXI) stock jumped more than 450% on Monday to close at $13.95 after the firm received a $100 million private investment from crypto trading giant GSR. The news sent shockwaves in both traditional and digital finance circles as Upexi said it plans to change its treasury strategy by embracing cryptocurrency—namely, the Solana blockchain. The investment, a private equity investment in public equity (…

CoinStats - Solana News: Upexi Unveils $100M SOL Reserve,...

The post Solana News: Upexi Unveils $100M SOL Reserve, Stock Soars 335% appeared first on Coinpedia Fintech News Upexi, a consumer goods firm listed on Nasdaq, saw its stock price skyrocket by 335% following its bold announcement to dive into the cryptocurrency space. The company raised $100 million, with plans to create a Solana (SOL)-backed corporate treasury. While $5.3 million of the funds will support its regular business activities and red…