Solana Treasury Company Upexi Reports $109M Net Loss in Q3, Posts 250M SOL Holdings

According to Cointelegraph, Solana treasury company Upexi reported a net loss of $109 million in Q3, driven primarily by $92.3 million in unrealized losses on digital assets. Total revenue grew 46% year-over-year to $4.6 million, mainly from staking income. As of March 31, Upexi held 2.5 million Solana tokens valued at over $238 million, making it the second-largest corporate SOL holder after Forward Industries. Following the earnings release, Upexi's stock price declined 8.16%.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments