Upexi, a Nasdaq-listed e-commerce company, has expanded its Solana holdings by 88,750 SOL since September 10, reaching a total of 2,106,989 SOL. This strategic move underscores Upexi's confidence in Solana's long-term potential and aligns with its broader investment strategy. The firm's market capitalization to net asset value (mNAV) of 0.7 suggests an undervaluation, further motivating the acquisition. This development highlights growing institutional interest in Solana, potentially impacting market sentiment.
Upexi Boosts Solana Holdings to Over 2.1 Million SOL
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