Solana Treasury Holdings Surge to 6.5M SOL as BIT Mining and Upexi Post Gains

Friday, Sep 12, 2025 10:54 pm ET1min read

Solana treasury firms have boosted their holdings to 6.49 million SOL, with BIT Mining and Upexi Inc. expanding their portfolios. BIT Mining's treasury now exceeds 44,000 SOL, valued at $9.95 million, while Upexi Inc. reports holdings of 2,018,419 SOL valued at $447 million. Upexi's treasury strategy has delivered significant gains, with an unrealized gain of $142 million and an annual yield of around 8%.

Solana treasury firms have significantly expanded their holdings, with total reserves climbing to 6.49 million SOL, as institutional interest in the network continues to grow. The latest disclosures from BIT Mining Limited and Upexi Inc. highlight the increasing momentum behind corporate Solana treasuries, reflecting both long-term conviction and short-term gains from the token’s price rally.

BIT Mining Limited, a cryptocurrency infrastructure company preparing to rebrand as SOLAI Limited, announced the purchase of an additional 17,221 SOL this week. This acquisition brings its treasury to more than 44,000 SOL, valued at approximately $9.95 million as of September 10, 2025 Solana Treasury Firms Boost Holdings to 6.5M SOL as Upexi Posts 126% Surge[1]. The company sees continued value in strengthening its presence within the Solana ecosystem and plans to continue validator operations to secure the network and capture staking rewards.

Upexi Inc., a supply chain and consumer products company, has shifted its focus to a Solana treasury strategy and now reports holdings of 2,018,419 SOL valued at $447 million. This figure reflects an unrealized gain of $142 million, with most of the company’s tokens staked to generate an annual yield of around 8%. Daily staking rewards currently stand at roughly $105,000 Solana Treasury Firms Boost Holdings to 6.5M SOL as Upexi Posts 126% Surge[1].

Upexi’s treasury strategy has also delivered gains on a per-share basis. The firm introduced an “adjusted SOL per share” metric to reflect the effect of capital issuance, staking income, and discounted locked SOL purchases. As of September 10, adjusted SOL per share stood at 0.0197, or $4.37 in dollar terms, up 56% and 126%, respectively, since launching the initiative Solana Treasury Firms Boost Holdings to 6.5M SOL as Upexi Posts 126% Surge[1].

The surge in treasury activity comes as SOL itself continues its steady climb. The token is trading around $226, up 1.2% on the day and edging closer to its all-time high of $293 set in 2021. Institutional interest in Solana is intensifying as major firms prepare multi-billion-dollar treasury strategies on the blockchain. For example, on August 25, Galaxy Digital, Jump Crypto, and Multicoin Capital entered advanced talks to raise about $1 billion for a new Solana-focused treasury vehicle, with Cantor Fitzgerald advising on the deal Solana Treasury Firms Boost Holdings to 6.5M SOL as Upexi Posts 126% Surge[1].

These developments suggest that Solana is gaining traction among institutional investors, who are increasingly recognizing the potential of the network for both long-term investment and active management strategies.

Solana Treasury Holdings Surge to 6.5M SOL as BIT Mining and Upexi Post Gains

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