PANews reported on July 21 that Upexi (NASDAQ: UPXI ), a Nasdaq-listed company that holds SOL as a corporate reserve asset, announced that it had purchased an additional 100,000 SOL ( Solana ), increasing the company's total holdings to 1,818,809 SOL , which is approximately $ 331 million at the current price. The company said that based on the existing SOL holdings, the annualized staking income is expected to reach approximately $ 26 million. In addition, Upexi recently completed approximately $ 200 million in equity and convertible bond private placement financing, and unrealized income in three months was approximately $ 58 million.

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Galaxy Digital’s head of research explains w