Holding the salary of a listed company, with the heart of a "gambling dog," Upexi's move really leaves people dumbfounded! These days, when a listed company gets into non-core business, they’re crazier than retail investors. Nasdaq-listed Upexi just handed in its report: a net loss of $109.3 million in the first quarter! Can you believe it? At this time last year, they only lost a little over $3 million; this loss rate is like riding a vertical elevator. Opening the financial report, it turns out this guy is holding tightly onto 2.36 million SOL tokens, but due to price fluctuations, the paper value directly evaporated by $92.3 million. Although their main business revenue increased a bit, and they earned $3.5 million from staking interest, compared to the tens of millions in "floating losses," that tiny profit is like trying to put out a fire with a spoon. Even more incredible, this company also did a private placement, using bonds to exchange for locked SOL tokens, seemingly planning to sit on the Solana boat and never move. I think this is no longer doing business, but using shareholders’ money to gamble on a "comeback." For these "all-in" crypto-listed companies, when the market is good, they’re heroes; when the market crashes, they’re giant pits. When everyone is watching various coins on exchanges, they also need to beware of these "big players" disguised as real companies—don’t be fooled by their suits; if the market collapses, they’ll run faster than anyone! Do you think this behavior of risking the company’s life to gamble on coins is strategic planning or a dead end? See you in the comments!📉🤮💸

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