Upexi Inc. reported a net income of $89.1 million for the fiscal first quarter ended September 30, 2026, driven largely by $102 million in unrealized gains on digital assets. The company increased its Solana treasury to approximately 2.35 million SOL and raised cash on hand to $6.4 million. It also reduced interest rates on its BitGo borrowings from 11.5% to 7.5%, expecting to save about $2.3 million annually in interest expenses. Total revenue declined to $3.5 million from $9.2 million a year earlier due to a strategic shift away from legacy consumer products and lower SOL token prices, but the company strengthened its balance sheet and equity position significantly.
Upexi Inc.'s fiscal first quarter 2027 report highlights a net income of $89.1 million, boosted by $102 million in unrealized gains on digital assets. For readers following the broader US stock market, here is Pluang's market snapshot as of Nov 11, 2026 04:41 WIB: out of 150 priced US stocks, 67 rose and 83 fell. Notable movers include FuelCell Energy Inc (FCEL) at USD 10.30 with a 1-day change of -4.81%, Lucid Group Inc (LCID) at USD 3.76 up 4.44%, and DraftKings Inc (DKNG) at USD 19.52 up 4.39%.
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