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Upexi has increased its SOL holdings by 56,000 coins in the past month, with a total position of 735,692 SOL.

BlockBeats News, June 26th, according to CoinDesk, Nasdaq-listed company Upexi (stock code: UPXI) announced that it will tokenize its SEC-registered shares and deploy them on the Solana network. The company has adopted a Solana-centric encrypted asset treasury strategy.


Upexi will leverage the Opening Bell platform to achieve share tokenization. The platform is developed by the digital asset management company Superstate and currently supports the issuance of tokenized stocks on the Solana network.


Upexi has added approximately 56,000 SOL to its holdings in the past month, with the current total Solana holdings reaching 735,692 SOL, valued at approximately $105 million at the current price.

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Upexi and SOL Strategies are bringing shares back to the chain, Superstate's boss buys $YHC, and this time the coin-stock is no longer a "mirror coin."
Upexi and SOL Strategies are also planning to "bring back" their tokens to the blockchain, this time not as a "mirror coin" anymore.
Upexi investors registered 43.85 million shares of resale stock, equivalent to the company's initial float in April. Other Sol Treasury companies rated as "Hold" by Cantor, such as Sol Strategies and DeFi Development, also experienced a price drop, while SharpLink Gaming saw its stock price plummet over 70%.
18 companies have participated in the Solana ecosystem by establishing a Solana Treasury, staking SOL tokens, launching Solana-based financial strategies, among other means. Some companies have seen a significant increase in their stock price through these strategies.
A substantial amount of funds is flowing into the SOL ecosystem, and SOL Strategies is not the first company to implement a "SOL-native microstrategy."
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