Upexi Reports $179M Loss, Deepens Solana Investment

Edgen Crypto

·Feb 11 2026, 23:18

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Key Takeaways

Upexi disclosed a significant Q4 loss driven by the falling price of Solana (SOL), yet countered the negative result by expanding its holdings of the cryptocurrency. This conflicting action highlights the firm's long-term conviction in the asset, even as it navigates short-term market volatility.

Quarterly Loss: Upexi reported a $179 million financial loss for the fourth quarter, directly linked to a decline in its Solana investments.
Bullish Strategy: Despite the loss, the company increased its SOL treasury and is now staking 95% of its total holdings, signaling a strong long-term commitment.
Market Support: The move comes as SOL's price tests a key technical support level near $78, with Upexi's buying activity potentially reinforcing this price floor.

Upexi Absorbs $179M Loss From SOL Price Decline

On February 11, 2026, Upexi announced a substantial $179 million loss for the fourth quarter, a direct consequence of the downturn in Solana's market price. The reported loss underscores the volatility inherent in holding significant digital asset positions on a corporate balance sheet. The disclosure presents a stark financial reality for the company, reflecting the paper losses incurred from its exposure to the cryptocurrency market's fluctuations during the period.

Company Stakes 95% of Treasury in Bullish Signal

In a counter-intuitive move, Upexi's management revealed it is not only retaining its Solana position but actively expanding it. The company has committed further capital to its SOL treasury and is now staking 95% of its holdings. This action signals a deep conviction in Solana's long-term value proposition, effectively looking past the short-term quarterly loss. The decision provides a strong bullish signal to the market, as a major corporate holder increases its exposure while the asset's price tests a critical support level around $78. This strategic accumulation could provide a significant source of demand and help stabilize SOL's price.