Upexi, Inc. amended its existing credit facility with BitGo Prime, LLC, reducing the interest rate on approximately $57.3 million of outstanding borrowings from 11.5% to 7.5% per annum and lowering the required collateral level to 200%. The amendment establishes a margin call level of 150%, a margin recall level of 300%, and a liquidation level of 115%, with collateral permitted in locked Solana, liquid Solana, USDC, or U.S. dollars. The company expects annual interest cost savings exceeding $2 million under the new terms. Upexi is a digital asset treasury company focused on acquiring and holding Solana while also owning consumer brands.
