Upexi said it expects to use about $5.3 million of the proceeds from the private placement for working capital and debt reduction, with the remainder to be used to buy Solana and the establishment of the company’s Solana treasury operations
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Ryan Weeks
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Upexi Says It Is Raising $100 Million to Buy Solana Crypto Token
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Upexi expects to allocate $5.3 million of the $100 million raised toward working capital and debt reduction, with the remainder designated for acquiring SOL and establishing its Solana treasury operations
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