Upexi's holdings of SOL have increased to over 2.1 million, with an unrealized gain of approximately 15 million dollars

The Nasdaq-listed Solana treasury management company Upexi (Ticker: UPXI) disclosed that as of today, its holdings of SOL have increased by 4.4% since September 10, reaching 2,106,989 coins, with an addition of approximately 88,750 SOL. Based on the end-of-month price of $188.56, the total value of the holdings is approximately $397 million, realizing an unrealized gain of about $72 million compared to the purchase cost of $325 million. However, affected by the broad decline in the cryptocurrency market this Monday, the price of SOL dropped by about 15% to $160.94, corresponding to a holding value of approximately $340 million, reducing the paper profit to about $15 million.

Upexi CEO Allan Marshall stated that despite the bearish market sentiment, the company remains committed to creating long-term value for shareholders. Nearly all of Upexi's SOL is staked, with an annualized yield of about 7%–8%, generating approximately $75,000 in daily income. About 42% of the holdings are locked SOL purchased at a double-digit discount to the spot price, providing "intrinsic returns" to shareholders.