Upexi(US:UPXI) Globenewswire·2026-02-10 21:35Core Insights - Upexi, Inc. reported a digital asset revenue of $5.1 million for the fiscal second quarter ended December 31, 2025, with a gross profit increase of 126% year-over-year to $6.7 million [1][7]. Financial Highlights - Total revenue for the quarter was approximately $8.1 million, compared to $4.0 million for the same quarter ended December 31, 2024 [7]. - Revenue from operations in the consumer brands business totaled $2.9 million [7]. - The net loss for the quarter was $178.9 million, or $2.94 per share, compared to a net loss of $1.3 million, or $(1.24) per share, for the same quarter in 2024 [7]. - The net loss was primarily driven by $164.5 million of unrealized losses on digital assets and $8.3 million of stock-based compensation expense [7]. - Cash and cash equivalents were reported at $1.6 million as of December 31, 2025, with current cash on hand at approximately $9.7 million as of February 9, 2026 [7]. Operational Highlights - The company raised approximately $10 million from a private placement and announced a $50 million share repurchase program [2]. - Upexi is focused on a high-return treasury strategy and has announced the pricing of a $36 million private placement convertible note in exchange for locked Solana [7]. - The company continues to grow its Solana holdings and is encouraged by the increased development and adoption of Solana across the financial landscape [2]. Company Overview - Upexi, Inc. is a leading digital asset treasury company focused on acquiring and holding Solana (SOL) while also being a brand owner in consumer products [9]. - The company operates with a disciplined approach to capital issuance, staking, and discounted locked token purchases, currently holding over two million SOL [9].