Solana Treasury Firm Upexi Falls 62% After Insider Sales Filing
In April, the Tampa, Florida-base firm said it was raising $100 million as part of a pivot that will see the company start to accumulate the cryptocurrency Solana. At the time, the firm announced it has entered into agreements with investors to buy about 43.9 million common shares, or pre-funded warrants. The investors filed with the US Securities and Exchange Commission on Monday to be eligible to sell the stock.
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