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GSR makes a $100 million private equity investment in publicly listed company Upexi to support its development of a Solana financial strategy
GSR announced a $100 million private equity investment in Nasdaq-listed Upexi, Inc. Upexi is a brand owner focused on the development, manufacturing, and distribution of consumer products. This investment follows Upexi's announcement of a strategic shift towards a cryptocurrency-based financial strategy, aimed at creating long-term value and returns for shareholders. It is reported that Upexi has committed to developing a Solana financial strategy, which includes increasing and staking Solana. (Chainwire)
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