TL;DR
- Upexi seeks to raise $1 billion through the issuance of shares and other instruments to expand its digital treasury strategy in Solana (SOL).
- The company has accumulated 2.03 million SOL since January 2025, currently valued at $254 million.
- Despite recording $750 million in SOL ETF inflows, the market downturn reduced the tokens in profit zone to 18%.
Upexi plans to aggressively expand its Solana (SOL) treasury strategy and seeks to raise $1 billion through the issuance of shares, preferred shares, and other instruments.
The firm launched its Digital Asset Treasury (DAT) strategy in January 2025 and accumulated 2.03 million SOL, with a current value of $254 million. Most of the tokens were acquired in the second half of the year, when the network and crypto assets showed strong adoption signals.
Upexi Wants to Take Advantage of Solana’s Drop to Buy More Tokens
The SOL price correction in late 2025 reduced the value of Upexi’s portfolio from over $500 million to $254 million. The intention to raise capital shows that the company aims to take advantage of the low-price window to increase its Solana exposure. The firm shows conviction and a long-term execution-focused horizon.
From July to December, Upexi’s treasury grew from 3 million to over 16 million tokens, representing more than fivefold growth. However, the market downturn in the second half of the year led SOL to suffer a 58% reduction, from $295 to $120, limiting, at least for now, the benefits of this accumulation.
Only 18% of SOL Tokens Are in Profit Zone
Meanwhile, U.S. Solana ETFs received $750 million in inflows since their debut in late October, showing that direct institutional demand remained active. Even so, the general bearish sentiment prevented SOL’s price recovery. The correction reduced the share of tokens in profit from nearly 100% to a three-year low of 18%, creating a situation comparable to the market stress level recorded during the FTX implosion in 2022.
Liquidation maps identify $120 and $130 as key support and immediate liquidity levels, while $135–$137 stand out as possible upside targets. A break below $120 could push the critical floor toward $100.
Upexi’s plan is to take advantage of low prices to increase its SOL exposure and strengthen its digital treasury strategy. However, bearish pressure keeps the token in a limited range for immediate recovery
