Upexi Stock Rockets 700% as GSR Anchors $100M Investment for SOL Accumulation

Upexi Stock Rockets 700% as GSR Anchors $100M Investment for SOL Accumulation

Crypto trading firm GSR led a $100 million private placement into Upexi (UPXI), a consumer-goods company pivoting to a digital asset-based treasury strategy. The company, whose products include medicinal mushroom gummies and pet-grooming tools, said it will use the capital to accumulate and stake solana (SOL) tokens. The Tampa, Florida-based company had a market cap of $3 million on Friday.The investment, structured as a private investment in pu…

Upexi Says It Is Raising $100 Million to Buy Solana Crypto Token

Upexi Inc. is raising $100 million as part of a pivot that will see the company start to accumulate the cryptocurrency Solana, according to a Monday statement. The company’s shares surged more than 300% in early trading.

GSR Leads $100M Private Placement into Nasdaq-listed Upexi, Inc. to Back Solana-Based Treasury Strategy - Tech Startups

NEW YORK, NEW YORK, 21st April 2025, Chainwire The post GSR Leads $100M Private Placement into Nasdaq-listed Upexi, Inc. to Back Solana-Based Treasury Strategy first appeared on Tech Startups.

GSR Leads $100M Private Placement into Nasdaq-listed Upexi, Inc. to Back Solana-Based Treasury Strategy - BlockTelegraph

NEW YORK, NEW YORK, 21st April 2025, Chainwire

Upexi Shares Jump 400% After Solana Investment Announcement

Upexi secured $100M to accumulate and stake Solana, led by crypto firm GSR via a PIPE deal. Upexi's shares jumped over 400% after announcing its new Solana-focused treasury strategy. GSR backs Upexi’s $100M crypto pivot, signalling growing institutional confidence in Solana. Upexi, Inc. (Nasdaq-listed consumer goods company) revealed plans to use $100 million raised from investors to buy Solana (SOL) under its new treasury strategy. This strateg…

Upexi shares skyrocket over 600% after revealing Solana treasury strategy

Upexi Inc.’s shares soared more than 630% on April 21 after the Nasdaq-listed company announced plans to build a Solana (SOL)-based crypto treasury using newly raised funds. The $100 million private investment in public equity (PIPE) was anchored by GSR, a leading crypto trading and investment firm, and included backing from Maelstrom Capital, Delta Blockchain…