Recent Updates — UPXI

Upexi, Inc. reported fiscal year 2026 results ending June 30, 2026, with total revenue increasing to approximately $25.0 million from $15.8 million in the prior year. Digital asset revenue totaled $17.4 million, while general and administrative expenses rose to $26.4 million due to treasury strategy expansion. The company reported a net loss of $246.1 million ($3.87 per share), primarily driven by $195.1 million in unrealized losses on digital assets. Cash holdings grew 94% to $5.8 million, and the Solana treasury held approximately 2.34 million SOL as of June 30, 2026. Subsequent activities included retiring $19.5 million in debt, repurchasing 2.9 million shares, and raising $2.5 million via an at-the-market equity offering. Upexi operates as a digital asset treasury company focused on holding Solana and owns consumer brands.

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.