Upexi, a listed company, has increased its SOL holdings to over 735000 units

According to The Block, Nasdaq listed company Upexi, which holds SOL as a corporate reserve asset, disclosed on Tuesday that its SOL holdings reached 735692 as of the end of June, an increase of 8.2% from May. The company obtained an annualized profit of 8% by pledging SOL. Upexi CEO Allan Marshall stated that in June, the company completed key initiatives such as listing options on NASDAQ and announcing equity tokenization through Superstate. In the future, the company will focus on increasing market exposure and adding value to shareholders. It is reported that the stock price of Upexi has plummeted by 60% since investors applied to sell millions of shares, and is currently trading below $4. Last month, it briefly broke through $15.