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US Stock SOL Strategy Company Upexi Increases Holdings by 100,000 Sol, Bringing Total Holdings to 1.818 million Sol

BlockBeats News, July 21st, according to official sources, SOL treasury company Upexi announced a $17.7 million purchase of 100,000 Sol, bringing the total holding to 1.818 million Sol, worth $331 million. The total cost was $273 million, resulting in a realized gain of $58 million.

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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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