Solana-Focused Upexi Approves $50M Share Buyback as Digital Asset Treasuries Turn to Repurchases

Upexi (UPXI), a Nasdaq-listed digital asset treasury firm focused on Solana (SOL), said Thursday its board has approved to buy back up to $50 million of its own stock. The repurchase program gives the company flexibility to buy shares on the open market, depending on conditions and liquidity, the firm said in the press release. CEO Allan Marshall emphasized that the company would execute the plan opportunistically and without affecting its ability to invest in growth or maintain a strong treasury. The mo ...