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Upexi and Hivemind Capital reach a $36 million agreement to continue increasing their holdings of SOL tokens
GateNews
SOL2,12%
Foresight News reports that, according to Cryptobriefing, SOL Treasury Company Upexi has signed a securities purchase agreement with Hivemind Capital Partners to issue $36 million in convertible notes backed by locked SOL tokens. The transaction is expected to increase Upexi’s SOL holdings by 12%, reaching over 2.4 million SOL, making it the second-largest corporate SOL holder after Forward Industries, which holds 6.9 million SOL.
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