Upexi to Purchase $36M Convertible Note from Hivemind Capital Partners.

Tuesday, Jan 13, 2026 8:28 am ET1min read
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Upexi, a Solana-focused digital asset treasury company, has entered into a securities purchase agreement with Hivemind Capital Partners for a $36 million Convertible Note. The Note has a fixed conversion price of $2.39 per share and matures in 24 months. The transaction will increase Upexi's treasury by 12% to over 2.4 million SOL, making it accretive to adjusted Solana per share upon conversion.

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