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Upexi plans to sign a $500 million equity quota protocol to increase its holding of SOL.
[Upexi plans to sign a $500 million equity commitment protocol for increasing its SOL holdings] NASDAQ-listed company Upexi (NASDAQ: UPXI) announced today that it has reached an equity commitment protocol with A.G.P./Alliance Global Partners. According to the terms of the protocol, Upexi can independently decide to sell up to $500 million of its common stock. No commitment fees are charged under this protocol, and the funds raised will be used for the company’s general operating purposes and to expand its Solana asset reserve strategy.