UPEXI (UPXI) Posts $246M Annual Loss as Solana Treasury Marked Down

The Solana-focused treasury company booked $195.1 million in unrealized digital asset losses in fiscal 2026 while revenue rose to $25.0 million.

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Upexi holds roughly 2.34 million SOL tokens in its digital asset treasury.

Upexi (UPXI), the Tampa-based Solana treasury and consumer brands company, reported a net loss of $246.1 million, or $3.87 per share, for the fiscal year ended June 30, 2026, against a loss of $13.7 million, or $1.73 per share, a year earlier. The bulk of the shortfall came from $195.1 million of unrealized losses on digital assets as SOL prices fell below the company's average purchase price.