Upexi (NASDAQ: UPXI) announced that it has entered into a securities purchase agreement with existing institutional investors to issue 12,242,300 shares of common stock (or pre-funded warrants) at a price of approximately $1.60 per share. The total amount of this private placement is approximately $19.5 million. The new funds will be used to repay existing debt and continue increasing the strategic reserve of SOL assets. As a digital asset finance company focused on Solana, Upexi currently holds approximately 2.4 million SOL. https://www.(wublock123.com)/news/news-63473