「SOL-native MicroStrategy」 Upexi Plans to Sell Up to $5 Billion in Common Stock to Advance SOL Reserve Strategy
BlockBeats News, July 28th, Upexi, Inc., a brand operator focusing on consumer product development, manufacturing, distribution, and also involved in the cryptocurrency field (Nasdaq stock code: UPXI), today announced that it has entered into an equity financing agreement with A.G.P./Alliance Global Partners. Under the agreement, Upexi may independently decide to sell up to $500 million of the company's common stock, subject to specific restrictions and closing conditions. This equity financing does not require the payment of a commitment fee, and the proceeds will be used for general corporate purposes and to advance its Solana (SOL) reserve strategy.
You may also like
Gainers
Latest Crypto News
「Bull Buddy」 is once again hyping up for a long position, with an average entry price of $31.97.
Kalshi has completed a $1 billion funding round at a $1.1 billion valuation
Coinbob has launched an on-chain address monitoring and copying tool for the Pacifica chain, allowing users to synchronize and earn Pacifica token rewards.
OpenMind is pleased to announce a partnership with Circle to build AI-powered payment infrastructure.
Circle announces Foundation, initial phase aims to enhance financial resilience of small businesses in the U.S.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]