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