GSR Leads $100 Million Private Placement for U.S.-listed Upexi to Support Its Solana-Based Financial Strategy

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PANews
04-21
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PANews reported on April 21 that, according to Decrypt, GSR, a cryptocurrency trading and investment company, announced today that it has made a $100 million private investment in private equity (PIPE) in Upexi, Inc. (Nasdaq: UPXI), a brand owner focused on consumer goods development, manufacturing, and distribution. This investment was made after Upexi announced a strategic transformation towards a crypto-based treasury strategy, aimed at achieving long-term value appreciation and returns for shareholders. Upexi has committed to establishing a Solana treasury strategy, including accumulating and staking SOL.

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