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Upexi’s Solana Treasury Tops $447 Million as Staking Lifts Per‑Share Metric

Upexi attributes the jump to discounted locked purchases alongside steady staking income.

Overview

  • Upexi disclosed holdings of 2,018,419 SOL as of Sept. 10, valued at $447 million at $221.59 per token, reflecting an unrealized gain of $142 million on an average cost of $151.
  • Nearly all tokens are staked for roughly an 8% yield, generating about $105,000 per day, and about 53% of the treasury consists of locked SOL acquired at mid‑teens discounts.
  • The company reports its new “adjusted SOL per share” at 0.0197, or $4.37, up roughly 126%–129% since the strategy launched in the spring.
  • Upexi formed an Advisory Committee and named BitMEX co‑founder Arthur Hayes as its first advisor, and it characterizes the Solana program as treasury diversification rather than a business pivot.
  • The broader corporate buildout continues as BIT Mining nearly doubled its holdings to about 44,000 SOL and said validator operations will remain central to its strategy.