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

According to Odaily, Nasdaq-listed Solana treasury company Upexi has announced a securities purchase agreement with Hivemind Capital Partners aiming to raise $36 million. The note issuance 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 anticipated to increase Upexi's SOL holdings by 12%, surpassing 2.4 million SOL, making it the second-largest corporate SOL holder after Forward Industries, which holds 6.9 million SOL. (Globenewswire)