UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
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Item 8.01 Other Events.
On July 21, 2025, Upexi, Inc. (the “Company”) issued a press release that provided its treasury and staking updates. The Company announced the acquisition of 100,000 SOL, bringing its treasury holdings to 1,818,809 SOL. The 1.8 million SOL are valued at $331 million using the current price of SOL. Given the acquisition price of $273 million for the 1.8 million SOL, the current price of SOL results in unrealized gain of approximately $58 million, inclusive of both SOL appreciation and the locked SOL discount. Additionally, the Company announced that it continues to stake substantially all its SOL, which generates an approximately 8% yield, and may generate up to approximately $26 million in annual staking revenues based on current SOL holdings. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.
The information in Item 8.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any of the Company’s filings under the Securities Act, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this Report in such filing.
Item 9.01 Financial Statements and Exhibits.
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| Cover Page Interactive Data File (embedded within the Inline XBRL Document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| UPEXI, INC. |
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Dated: July 21, 2025 |
| /s/ Andrew J. Norstrud |
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| Name: Andrew J. Norstrud |
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| Title: Chief Financial Officer |
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