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[Upexi Announces Quarterly Results, Digital Asset Revenue Reaches $6.1 Million] On November 12, Upexi, a digital asset reserve and consumer goods brand company based on Solana, announced its quarterly results. Digital asset revenue exceeded $6 million, driving total gross profit to $8.3 million, a year-over-year increase of 183%. The financial report shows that total revenue for the first fiscal quarter was $9.2 million, of which $6.1 million came from staking income. This quarter, Upexi completed a $200 million private placement of common stock and convertible bonds and signed a $500 million equity financing agreement with A.G.P to accelerate the strategic expansion of Solana asset reserves. Net profit for the quarter reached $66.7 million ($1.21 per share), turning around from a net loss of $1.6 million ($1.55 per share loss) in the quarter ending September 30, 2024. The profit growth mainly came from approximately $78 million in unrealized gains from Solana asset reserves. After last week's increase in holdings, Upexi's total position now exceeds 2.1 million SOL.

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