Upexi, a financial firm based in Florida with a focus on Solana, has filed a registration with the SEC to raise up to $1 billion through various securities. The offering includes common and preferred shares, debt, warrants, and units. The funds are intended to support corporate activities such as research and development, acquisitions, and working capital. Upexi currently holds over 2 million SOL, positioning it as the fourth largest holder in Solana treasuries according to CoinGecko.
Upexi Aims to Raise $1 Billion for Solana-Focused Initiatives
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