Upexi Reduces Interest Rate by 4% with BitGo Credit Facility

Upexi has amended its credit facility with BitGo, reducing the interest rate from 11.5% to 7.5% per year and lowering the required collateral to 200%. This is expected to save the company over $2 million in interest costs per year and provide greater flexibility. The move is part of Upexi's efforts to reduce expenses and strengthen its balance sheet.