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.