Upexi Reports Fiscal First Quarter 2027 Financial Results
Globe Newswire•10/11/2026•17:04 ET
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Key Highlights
- ➤Net income $89.1 million, or $0.68 diluted EPS, versus $66.7 million, or $0.76.
- ➤Solana treasury reached approximately 2.35 million SOL, with over 95% staked.
- ➤Digital asset revenue fell to $3.1 million from $6.1 million year over year.
- ➤BitGo borrowing rate cut to 7.5%, expected to reduce annual interest expense $2.3 million.
- ➤Stockholders’ equity improved to $49.2 million from negative $53.8 million sequentially.
Expert Statements
Allan Marshall, Chief Executive Officer of Upexi
“During the first quarter of fiscal 2027, we strengthened our balance sheet by increasing our Solana treasury to approximately 2.35 million SOL, increasing our cash on hand to $6.4 million, and increasing our stockholders’ equity to $49.2 million. Additionally, in September we successfully reduced the interest rate on our BitGo borrowings from 11.5% to 7.5%, a reduction we expect to lower annual interest expense by approximately $2.3 million.”
Solana Treasury Totaled Approximately 2.35 Million SOL as of September 30, 2026
TAMPA, Fla., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a leading Solana-focused digital asset treasury company and consumer brands owner, today announced its financial results for the fiscal first quarter ended September 30, 2026.
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