Solana-based Treasury company Upexi files $1 billion shelf registration with the SEC
BlockBeats News, December 24th, U.S.-listed Solana crypto treasury (DAT) company Upexi submitted a $1 billion shelf registration statement to the U.S. Securities and Exchange Commission (SEC) to raise funds through various securities issuance methods. The company currently holds about 2 million SOL tokens, making it the fourth largest SOL asset holder among listed companies. The potential proceeds can be used for various purposes, including working capital, R&D, and debt repayment.
It is worth noting that Upexi's stock price has dropped from a peak of $22.57 in May to $1.825, falling another 8.3% intraday today, with a market value of $115 million.
You may also like
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
