Upexi, a NASDAQ-listed Solana treasury management firm, reported a 4.4% increase in its SOL holdings, reaching 2,106,989 tokens as of October 31. Initially valued at $397 million with $72 million in unrealized gains, the holdings' value dropped to $340 million after a 15% decline in SOL's price to $160.94, reducing unrealized gains to $15 million. Despite the market fluctuations, CEO Allan Marshall emphasized Upexi's commitment to long-term value creation for shareholders. Nearly all of Upexi's SOL is staked, yielding annualized returns of 7–8% and generating $75,000 daily. Additionally, 42% of the holdings were acquired at a significant discount, providing intrinsic income.