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Upexi Reports $447 Million Solana Treasury as Public Companies Accelerate SOL Accumulation

Company metrics highlight gains from staking yields alongside discounted locked purchases.

Overview

  • Upexi disclosed holdings of 2,018,419 SOL valued about $447 million based on a $221.59 price in a Sept. 11 update.
  • The company said its new “adjusted SOL per share” rose 126–129% to $4.37 since April, supported by staking revenue estimated at roughly $105,000 per day.
  • Upexi reported $142 million in unrealized gains with an average acquisition price of $151, noting approximately 53% of its SOL is locked at mid‑teens discounts and most tokens are staked.
  • The firm created an Advisory Committee and appointed BitMEX co‑founder Arthur Hayes as its first advisor.
  • BIT Mining nearly doubled its SOL to about 44,000 and said it operates in‑house validators, while CoinGecko data show several public firms now hold roughly 4.45 million SOL combined.