"SOL Version Micro Strategy" Upexi plans to sell up to $500 million in common stock to advance the SOL reserve strategy.

BlockBeats news, on July 28, Upexi, Inc. (NASDAQ: UPXI), a brand operator focused on the development, manufacturing, and distribution of consumer goods and involved in the crypto assets field, announced today that it has signed an equity financing agreement with A.G.P./Alliance Global Partners. According to the agreement, Upexi can independently decide to sell up to $500 million of the company’s common stock, subject to specific restrictions and delivery conditions. This equity financing does not require a commitment fee, and the funds raised will be used for the company’s general operational purposes and to advance its Solana (SOL) reserve strategy.