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Upexi Inc.’s stock surged over 630% after announcing a $100M Solana-based crypto treasury strategy. The move, backed by major crypto investors, signals growing institutional interest in high-performance blockchains.
- Upexi's $100M PIPE investment will primarily fund Solana (SOL) accumulation and staking, aiming for long-term yield.
- The Solana treasury strategy mirrors MicroStrategy's Bitcoin approach but is rare among public companies.
- Solana's low costs, high throughput, and developer activity make it attractive for institutional crypto adoption.
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