Online report, Upexi, Inc. (Nasdaq: UPXI) announced the completion of two rounds of financing totaling US$200 million. The company privately issued common shares at a price of US$4 per share, raising approximately US$50 million; at the same time, it issued US$150 million in convertible bonds with an annual interest rate of 2% and a 24-month maturity at a conversion price of US$4.25 per share. The financing will significantly enhance Upexi's Solana(SOL) holdings, which is expected to hold approximately 1.65 million SOL after the transaction is completed, more than double the previously disclosed 735,000 SOL. Part of the proceeds from the stock issuance will be used for the company's existing business operations and general corporate purposes, and the rest of the funds will be invested in Solana's treasury strategy. The company plans to continue to increase its holdings in SOL in the next few weeks.