Summary
- Upexi announced the additional purchase of 100,000 Solana (SOL).
- The size of the additional purchase is $177 million, with an average purchase price per SOL of $176.77.
- Upexi now holds a total of 1,818,809 SOL, and it was revealed this includes $58 million in unrealized profit.
Upexi, a Nasdaq-listed e-commerce company, has reportedly made an additional purchase of 100,000 Solana (SOL).
According to GlobeNewswire on the 21st (local time), Upexi announced via press release, "We have additionally purchased 100,000 Solana," and added, "The scale of the purchase is approximately $177 million." The company further stated, "The average purchase price per SOL is $176.77."
Currently, Upexi holds 1,818,809 SOL. This translates to roughly $331 million at the current market price, which includes an unrealized profit of $58 million.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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