Solana Treasury Company Upexi Reaches Securities Purchase Agreement to Raise $36 Million

Odaily News Nasdaq-listed Solana treasury company Upexi announced a securities purchase agreement with Hivemind Capital Partners to raise $36 million. The note offering is expected to be completed around January 14, 2026, subject to customary closing conditions. The notes are backed by locked SOL tokens and will be integrated into the company's Solana treasury upon transaction completion. This deal is expected to increase Upexi's SOL holdings by 12%, reaching over 2.4 million SOL, making it the second-largest corporate SOL holder after Forward Industries, which holds 6.9 million SOL. (Globenewswire)