Upexi Seeks SEC Nod for $1B Raise to Expand Solana Treasury Holdings
The post Upexi Seeks SEC Nod for $1B Raise to Expand Solana Treasury Holdings appeared on BitcoinEthereumNews.com.
Upexi, an e-commerce developer, has filed with the U.S. Securities and Exchange Commission (SEC) to raise up to $1 billion through shares, preferred stock, and other securities to expand its Solana (SOL) digital asset treasury (DAT). This move aims to capitalize on current market discounts, building on its existing holdings of 2.03 million SOL valued at $254 million. Upexi launched its SOL DAT strategy in January 2025, aggressively accumulating tokens to reach 2.03 million SOL by year-end. Despite a late 2025 price correction reducing holdings value from over $500 million to $254 million, Upexi shows strong commitment to increasing exposure. Overall SOL treasury demand grew fivefold in H2 2025, from 3 million to over 16 million tokens across companies, per Blockworks data. Upexi seeks SEC approval to raise $1 billion for Solana treasury expansion amid market dips. Discover how this boosts SOL holdings and signals investor confidence in digital assets. Stay updated on crypto treasury trends. What is Upexi’s Strategy for Expanding Its Solana Treasury? Upexi’s Solana treasury expansion involves seeking SEC approval to issue up to $1 billion in shares, preferred stock, and other units to fund further acquisitions of SOL tokens. The company initiated its digital asset treasury strategy in January 2025 and has since built a substantial position of 2.03 million SOL, currently valued at $254 million based on recent market prices. This aggressive accumulation, primarily in the second half of 2025, underscores Upexi’s belief in Solana’s long-term potential as a high-performance blockchain. Upexi has sought the U.S. SEC’s green light to issue $1 billion worth of shares, preferred stock, and other units to raise capital to scale the Solana [SOL] digital asset treasury (DAT). The e-commerce developer began its SOL DAT strategy in January and has aggressively increased its stash to 2.03 million SOL tokens, worth…
Filed under: News - @ December 23, 2025 10:22 pm