Upexi (NASDAQ: UPXI) has announced a $50 million stock repurchase program to stabilize its share price and demonstrate confidence in its Solana-focused strategy. This decision follows a significant decline in UPXI's stock, which has dropped over 50% since October and nearly 90% from its April high. The company, holding approximately $319 million in Solana (SOL), reported a net profit of $66.7 million last quarter, primarily due to unrealized gains on its crypto holdings. CEO Alan Marshall stated that the buybacks will be executed only when they provide substantial capital returns without compromising strategic growth or financial stability. This move reflects a broader trend in the Digital Asset Token industry, where companies are leveraging capital management tools to address undervalued stock prices. However, Galaxy Research cautions that large-scale buybacks could increase market volatility if investor confidence diminishes.