Nasdaq-listed Upexi shares up 630% after $100M raise, SOL treasury


Upexi, a brand owner that specializes in supply chain management, is diversifying into the cryptocurrency sector. On April 21, the company announced a $100 million raise, with over 90% earmarked for building a Solana (
SOL) treasury strategy.After the announcement, shares of Upexi have skyrocketed from a $2.30 close on April 17 to $16.79 at this writing, marking a 632% jump for the day.

UPXI intraday performance on the Nasdaq. Source: https://www.google.com/finance/quote/UPXI:NASDAQ
https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjU5NDktMTRmYy03NTZkLWI0YjItZGRmZGIxY2NiOWIw.jpg
https://cointelegraph.com/news/upexi-announces-100m-raise-to-buy-sol?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound