Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Upexi's SOL holdings have increased to over 2.1 million, with an unrealized profit of approximately $15 million.

Upexi's SOL holdings have increased to over 2.1 million, with an unrealized profit of approximately $15 million.

Chaincatcher2025/11/04 14:06

According to ChainCatcher, Nasdaq-listed Solana treasury management company Upexi (ticker: UPXI) disclosed that as of today, its SOL holdings have increased by 4.4% compared to September 10, reaching 2,106,989 SOL, with an additional approximately 88,750 SOL acquired. Based on the end-of-month price of $188.56, the total value of its holdings is about $397 million, achieving an unrealized gain of approximately $72 million compared to the purchase cost of $325 million. However, due to the broad decline in the crypto market this Monday, the price of SOL dropped by about 15% to $160.94, corresponding to a holding value of about $340 million, with the book profit shrinking to around $15 million.

Upexi CEO Allan Marshall stated that despite the bearish market sentiment, the company remains committed to creating long-term value for shareholders. Nearly all of Upexi's SOL is staked, with an annualized yield of about 7%–8%, generating approximately $75,000 in daily income. About 42% of the holdings are locked SOL purchased at a double-digit discount to the spot price, providing "endogenous returns" for shareholders.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Wormhole reserves increase by 1 million W
ForesightNews2025/11/06 06:23

Trending news

More
1
Goldman Sachs: Even if the US Supreme Court rules Trump's tariffs illegal, the overall impact on trade will be limited
2
The US Solana spot ETF saw a single-day net inflow of $9.7 million, marking seven consecutive days of net inflows.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$103,345.98
+1.43%
Ethereum
Ethereum
ETH
$3,389.25
+1.95%
Tether USDt
Tether USDt
USDT
$0.9998
-0.01%
XRP
XRP
XRP
$2.32
+3.68%
BNB
BNB
BNB
$953.12
+0.99%
Solana
Solana
SOL
$159.46
+1.49%
USDC
USDC
USDC
$0.9998
-0.00%
TRON
TRON
TRX
$0.2873
+0.63%
Dogecoin
Dogecoin
DOGE
$0.1638
-0.47%
Cardano
Cardano
ADA
$0.5388
+1.19%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter