[SOL Treasury Company Upexi Submits Form S-3 to the U.S. SEC for $1 Billion Shelf Registration Application] Odaily Planet Daily News – U.S.-listed Solana crypto treasury (DAT) company Upexi has submitted a Form S-3 to the U.S. Securities and Exchange Commission (SEC), seeking a $1 billion shelf registration to raise funds through various securities issuance methods. Upexi stated that this adjustment will enhance the company's fundraising efficiency and reduce overall transaction costs through more flexible timing and pricing mechanisms, thereby supporting its Solana asset management strategy. Currently, the company holds approximately 2 million SOL tokens, making it the fourth-largest SOL asset holder among publicly listed companies. The potential proceeds may be used for various purposes, including working capital, research and development, and debt repayment. Once the registration statement becomes effective, the company will utilize this mechanism at times deemed favorable by management to adjust the value of each Solana share. (CoinDesk)