The post says the firm, described as the second largest Solana treasury holder with about 2.4 million SOL, will issue 12.24 million shares at roughly $1.60.
UpexiTreasury has priced a private placement worth about $19.5 million, with the transaction structured through debt reduction. The deal involves the issuance of 12.24 million shares at roughly $1.60 each. The post also describes UpexiTreasury as the second largest Solana treasury firm, with reported holdings of about 2.4 million SOL, underscoring the scale of its exposure to the Solana ecosystem and why the financing may matter to crypto-focused equity investors.