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BlockBeats News, on December 24, Upexi, a US-listed Solana crypto treasury (DAT) company, submitted a $1 billion shelf registration application to the US Securities and Exchange Commission (SEC) to raise funds through various securities offerings. The company currently holds about 2 million SOL tokens, making it the fourth largest SOL asset holder among listed companies. The potential proceeds may be used for a variety of purposes, including working capital, research and development, and debt repayment. It is worth noting that Upexi's share price has fallen from a peak of $22.57 in May to $1.825, with another 8.3% drop during today's session. Its current market capitalization is reported at $115 million.

BlockBeats News, December 24th, U.S.-listed Solana crypto treasury (DAT) company Upexi submitted a $1 billion shelf registration statement to the U.S. Securities and Exchange Commission (SEC) to raise funds through various securities issuance methods. The company currently holds about 2 million SOL tokens, making it the fourth largest SOL asset holder among listed companies. The potential proceeds can be used for various purposes, including working capital, R&D, and debt repayment. It is worth noting that Upexi's stock price has dropped from a peak of $22.57 in May to $1.825, falling another 8.3% intraday today, with a market value of $115 million.

BlockBeats News, December 24, the Federal Reserve Bank of Atlanta released its initial forecast for the U.S. fourth quarter GDP, estimating a growth of 3%.