Solana Treasury Company Upexi Holdings Surpass 2M SOL Tokens

Tuesday, Aug 5, 2025 10:27 am ET1min read

Upexi Inc., a diversified brand owner, has doubled its Solana (SOL) holdings to over 2 million tokens in July, raising $200 million through the sale of common stock and convertible notes. The company's Solana treasury now generates an 8% staking yield and additional value through discounted locked SOL purchases. Upexi's shares rose 56% last month and added 9.1% on Monday to $5.02.

Upexi Inc. (UPXI) has significantly expanded its Solana (SOL) holdings, increasing its treasury to over 2 million SOL tokens in July 2025. This growth was achieved through a $200 million private placement of common stock and convertible notes, which has led to a substantial increase in the company's Solana portfolio [1].

The company's Solana holdings grew by 172% from 735,692 SOL at the end of June 2025 to 2,000,518 SOL by August 4, 2025 [1]. This expansion has allowed Upexi to generate additional value for shareholders through an estimated 8% staking yield and the purchase of discounted locked SOL [1]. The staking yield alone generates approximately $65,000 in daily revenue [1].

Upexi's Solana portfolio is valued at $334 million as of August 4, 2025, with the SOL price at $167.26. This valuation is based on the company's 58.9 million shares outstanding, equating to approximately 0.0339 SOL per share, or $5.68 per share [1]. The company's basic market-to-net-asset-value ratio (mNAV) is 0.9x, while the fully-loaded mNAV is 1.6x, calculated using the August 4 closing stock price of $5.02 [1].

The company's stock price has shown strong performance, rising 56% last month and adding 9.1% on Monday to reach $5.02 [2]. This increase reflects the positive impact of the company's cryptocurrency portfolio expansion and the overall growth in the Solana ecosystem [2].

Upexi Inc. operates as a diversified brand owner in consumer product development, manufacturing, and distribution, with a growing focus on cryptocurrency portfolio management. The company's treasury strategy and future developments can be found on its official website [1].

References:
[1] https://ir.upexi.com/news-events/press-releases/detail/128/upexi-surpasses-2-million-sol-in-its-treasury
[2] https://www.investing.com/news/cryptocurrency-news/upexi-treasury-reaches-2-million-sol-tokens-worth-334-million-432SI-4170058

Solana Treasury Company Upexi Holdings Surpass 2M SOL Tokens

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