Upexi's SOL holdings have increased to over 2.1 million, with an unrealized profit of approximately $15 million.
According to ChainCatcher, Nasdaq-listed Solana treasury management company Upexi (ticker: UPXI) disclosed that as of today, its SOL holdings have increased by 4.4% compared to September 10, reaching 2,106,989 SOL, with an additional approximately 88,750 SOL acquired. Based on the end-of-month price of $188.56, the total value of its holdings is about $397 million, achieving an unrealized gain of approximately $72 million compared to the purchase cost of $325 million. However, due to the broad decline in the crypto market this Monday, the price of SOL dropped by about 15% to $160.94, corresponding to a holding value of about $340 million, with the book profit shrinking to around $15 million.
Upexi CEO Allan Marshall stated that despite the bearish market sentiment, the company remains committed to creating long-term value for shareholders. Nearly all of Upexi's SOL is staked, with an annualized yield of about 7%–8%, generating approximately $75,000 in daily income. About 42% of the holdings are locked SOL purchased at a double-digit discount to the spot price, providing "endogenous returns" for shareholders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SUI has rewards, buybacks, and a new CEO – What’s still missing is…
10.19 Zhang Lihui: Today's Latest Analysis and Trading Suggestions for Ethereum (ETH)!

A "perfect financial storm" more severe than 2008 is brewing? 'Dr. Doom' warns: $8.3 trillion in low-interest mortgages have already suffered $2 trillion in paper losses.
Peter Schiff warns that a "perfect financial storm" more severe than 2008 is brewing.

