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[Upexi Raises $23 Million Through Private Placement to Support Solana Vault Strategy] Nasdaq-listed company Upexi (UPXI) announced a private placement of up to $23 million in stocks and warrants to support its Solana vault strategy. The offering price is $3.04 per share, including warrants, with an initial funding of $10 million. If all warrants are exercised, an additional $13 million will be raised. Despite the recent market correction causing the market value of its SOL holdings to evaporate by over $200 million, Upexi stated it will continue to adhere to its long-term holding strategy and will use the raised funds for general operations and further accumulation of SOL.