Upexi's holdings of SOL increased to over 2.1 million, with unrealized gains of approximately $15 million.

Odaily News The Nasdaq-listed Solana treasury management company Upexi (ticker: UPXI) disclosed that as of October 31, its holdings of SOL increased by 4.4% compared to September 10, reaching 2,106,989 coins, adding approximately 88,750 coins of SOL. Based on the end-of-month price of $188.56, the total value of holdings is approximately $397 million, achieving an unrealized gain of about $72 million compared to the acquisition cost of $325 million. However, affected by the widespread decline in the crypto market this Monday, the price of SOL fell by about 15% to $160.94, corresponding to a holding value of approximately $340 million, with unrealized gains reduced to about $15 million. Upexi CEO Allan Marshall stated that despite the gloomy market sentiment, the company remains committed to creating long-term value for shareholders. Almost all of Upexi's SOL is staked, with an annual percentage rate of about 7%–8%, generating approximately $75,000 in earnings daily. About 42% of the holdings are lock-up SOL purchased at a double-digit discount to the spot price, providing shareholders with “intrinsic returns.” (The Block)