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>>Upexi’s Solana Treasury Initiative Boosts Quarterly Earnings to a Record $66.7 Million

Upexi’s Solana Treasury Initiative Boosts Quarterly Earnings to a Record $66.7 Million

crypthub

11/12/2025, 1:20:11 PM

Record Earnings and Solana Strategy

Upexi, Inc. posted its highest quarterly profit in the first quarter of FY2025, driven by a blockchain‑focused treasury. Revenue climbed to $9.2 million, up from $4.4 million a year earlier, with $6.1 million coming from Solana assets. The company’s Solana‑centric approach turned its balance‑sheet cash into a high‑yielding revenue source.

Profitability Spike and Financial Position

Gross profit surged 183% to $8.3 million, powered by staking returns from Solana holdings. Net income flipped to $66.7 million after a $1.6 million loss the prior year, thanks to an unrealized $78 million gain. Cash on hand stood at $2.2 million, and 59.9 million shares were outstanding as of November 12.

Capital Raises and Advisory Expansion

Upexi secured a $200 million private placement of common stock and convertible notes, plus a $500 million equity line with A.G.P. to fund further Solana treasury growth. An advisory committee now includes market veterans Arthur Hayes, S◎L Big Brain, and Jon Najarian. The firm also presented its outlook at the FT Partners FinTech and Cantor Crypto & AI/Energy Infrastructure conferences.

Stock Movement and Market Sentiment

Despite the earnings beat, the shares fell 4.18% to $3.21 at the close, though pre‑market trading showed an 8.10% rise to $3.47. The stock has lost more than half its value over the past month, but the latest uptick hints at renewed interest from short‑term traders.

Upexi’s Solana Treasury Initiative Boosts Quarterly Earnings to a Record $66.7 Million

Record Earnings and Solana Strategy

Profitability Spike and Financial Position

Capital Raises and Advisory Expansion

Stock Movement and Market Sentiment

Upexi’s Solana Treasury Initiative Boosts Quarterly Earnings to a Record $66.7 Million