Upexi Completes $50.000 million Fundraising to Advance Solana Financial Strategy

Nasdaq-listed Upexi announces the completion of a private placement of 12,457,186 shares of common stock, raising a total of $50,000,000. The company plans to use the funds to support general working capital needs and advance its Solana financial strategy. The company currently holds 735,692 SOL. [Foresight News]