Upexi, a company that has been making waves in the cryptocurrency space, has reported a net loss of $13.7 million for the 2025 financial year. However, this loss has been almost entirely offset by the remarkable paper profit of $128 million achieved from its cryptocurrency holdings, specifically its Solana (SOL) tokens.
Summary of Upexi’s Financial Performance
According to the company’s recent announcement, Upexi’s strategic accumulation of Solana (SOL) has dramatically changed its financial position. The company now holds over 2 million SOL tokens, which have increased in value by 174% since the fiscal year ended on June 30th, resulting in an unrealized profit of $128 million.
Solana Treasury’s Impact on Upexi’s Balance Sheet
The average acquisition cost of Upexi’s SOL holdings is $151.44 per token, which translates to a total investment of $306 million. With the current value of SOL at $214.76, the net assets of the Solana Treasury have increased to $433 million, marking a 281% increase compared to the $114 million reported on June 30th.
This significant growth in the Solana Treasury has had a profound impact on Upexi’s balance sheet. The company’s per-share value of Solana has grown to 0.0197 tokens, or a value of $4.23, representing a 45% increase since June. Furthermore, Upexi’s strategy of actively utilizing its SOL holdings to generate revenue has resulted in an estimated return of 8%, currently equivalent to around $100,000 in daily income.
Upexi’s Consumer Business Posts Steep Loss
Despite the impressive growth of its Solana Treasury, Upexi’s consumer business has reported a steep loss. For the financial year ended on June 30th, the company generated revenues of $15.8 million, with a gross profit of $10.7 million, representing a strong margin of 67%. However, this was not sufficient to prevent a net loss of $13.7 million. The company’s shares, listed as Upxi, fell by 8.96% to $5.61 after the announcement, highlighting the discomfort of investors despite the increasing value of the company’s Solana Treasury.
Allan Marshall, CEO of Upexi, expressed satisfaction with the enormous growth of the Solana Treasury, citing the strength of the assets built and the company’s ability to execute a profitable strategy. “We are very proud to build the leading Solana Treasury company and remain laser-focused on creating value for shareholders,” he stated.
For more information on Upexi’s Solana Treasury and its impact on the company’s financial performance, please visit https://crypto.news/upexi-solana-treasury-swells-as-consumer-business-posts-steep-loss/
