The company manages a portfolio of consumer brands and holds about 2 million SOL, making it the fourth-largest solana treasury of any public company.

What to know:

  • Upexi, a crypto treasury firm focused on solana (SOL), filed a $1 billion shelf registration with the SEC to raise capital through various securities offerings.

  • The company manages a number of consumer brands and holds some 2 million SOL tokens, making it the fourth-largest SOL treasury of any public company.

  • The proceeds from potential securities sales could be used for purposes, including working capital, research and development and debt repayment, and come after the company's shares have lost over 50% of their value this year.

$SOL

SOL
SOL
122.79
-1.18%