GSR leads $100 million private equity investment in US listed company Upexi, supporting its Solana based financial strategy

According to Decrypt, cryptocurrency trading and investment company GSR announced today that it has reached out to Upexi, a brand owner specializing in consumer product development, manufacturing, and distribution, Inc. (NASDAQ: UPXI) has made a $100 million private equity investment (PIPE). This investment is made following Upexi's announcement of a strategic transformation towards a cryptocurrency based treasury strategy aimed at achieving long-term appreciation and returns for shareholders. Upexi has committed to establishing a Solana treasury strategy, including accumulating and pledging Solana.