Upexi’s Cryptocurrency Strategy Yields Massive Gains
Upexi, Inc. reported a net loss of $13.7 million for fiscal 2025. Though, this figure pales in comparison to the $128 million paper profit from its Solana holdings.
Upexi’s Solana (SOL) treasury has surged in value. The company now holds over 2 million SOL tokens,marking a 174% increase as June 30.This strategic move has generated an unrealized gain of $128 million.
CEO Allan Marshall expressed satisfaction with the treasury’s growth. “We’re thrilled with the asset’s strength and our ability to execute our strategy,” he said. “We’re committed to creating value for shareholders.”
Upexi’s average acquisition cost for SOL is $151.44 per token, totaling $306 million. With SOL valued at $214.76, the net asset value has ballooned to $433 million—a 281% increase from $114 million in June.
Upexi’s strategy extends beyond passive ownership. By staking its SOL,the company generates an estimated 8% yield,translating to about $100,000 in daily revenue. This creates a compounding effect on its holdings.
For the fiscal year, Upexi generated $15.8 million in revenue and a gross profit of $10.7 million,reflecting a 67% margin. Though, this wasn’t enough to offset the $13.7 million net loss from its consumer-goods division.
Despite the surge in Solana value, Upexi’s shares slid 8.96% to $5.61, according to Yahoo Finance.
Upexi’s Solana holdings have reshaped its balance sheet, illustrating the velocity of the portfolio’s recognition. The company remains focused on maximizing shareholder value.