Home Solana-focused Upexi Approves $50M Stock Buyback After Sharp Share Decline

Solana-focused Upexi Approves $50M Stock Buyback After Sharp Share Decline

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Solana-focused Upexi Approves $50M Stock Buyback | 3verseTV
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Upexi, a Solana-focused digital asset treasury firm listed on Nasdaq, has approved a $50 million share buyback program as its stock price continues to decline.

The company said it will repurchase shares on the open market depending on liquidity and market conditions. CEO Allan Marshall noted the initiative will not affect Upexi’s growth plans or treasury strength.

The move follows steep share losses: over 50% since October and nearly 90% from April. Upexi currently holds 2.1 million SOL, valued at roughly $319 million.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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