According to Deep Tide TechFlow news, on July 11, Upexi, Inc. ( NASDAQ: UPXI) announced the completion of two rounds of financing, totaling $200 million. The company conducted a private sale of common stock at a price of $4 per share, raising approximately $50 million; simultaneously, it issued $150 million in convertible bonds with an annual interest rate of 2%, maturing in 24 months, and a conversion price of $4.25 per share. This financing will significantly enhance Upexi's Solana( SOL) holdings, with the company expected to hold approximately 1.65 million SOL after the transaction is completed, more than doubling 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, while the remaining funds will be invested in the Solana treasury strategy, with the company planning to continue increasing its SOL holdings in the coming weeks.