Upexi(US:UPXI)2026-02-10 22:15Financial Performance - Total revenue for the quarter was approximately $8.1 million, a 102.5% increase from $4.0 million for the same quarter ended December 31, 2024[5] - Digital asset revenue was $5.1 million for the quarter, primarily consisting of staking income[5] - Gross profit increased 126% year-over-year to $6.7 million, driven by the addition of the digital asset treasury business[5] - Net loss totaled $178.9 million, or $(2.94) per share, compared to a net loss of $1.3 million, or $(1.24) per share, for the quarter ended December 31, 2024[5] - Unrealized losses on digital assets amounted to $164.5 million, reflecting non-cash quarter-end fair value adjustments[5] Capital Management - The company raised approximately $10 million from a private placement during the quarter[2] - A $50 million share repurchase program was implemented to enhance shareholder value[2] - Current cash on hand stands at approximately $9.7 million as of February 9, 2026[5] Strategic Initiatives - The company announced a strategic shift to a high-return treasury strategy[5] - Upexi holds over two million SOL, benefiting from potential price appreciation of Solana[7]