Solana Treasury Upexi Signs Securities Agreement to Raise $36 Million

Upexi Enters Securities Deal with Hivemind Capital

Upexi, a Nasdaq-listed firm within the Solana ecosystem, has announced a securities purchase agreement with Hivemind Capital Partners to raise $36 million through the issuance of notes.

Transaction Details and Expected Timeline

The note issuance is expected to conclude around January 14, 2026, subject to customary closing conditions. These notes will be backed by locked SOL tokens and will be integrated into Upexi’s Solana treasury post-transaction.

Impact on Upexi’s SOL Holdings

Upon completion of the deal, Upexi’s SOL holdings are projected to rise by 12%, surpassing 2.4 million SOL. This will position Upexi as the second-largest corporate holder of SOL, following Forward Industries, which currently holds 6.9 million SOL.