Upexi CSO: Solana is the "ultimate winner in high-performance blockchain", Upexi will not use excessive leverage or participate in on-chain speculative activities
BlockBeats News, July 17th, according to Decrypt's report, company's Chief Strategy Officer Brian Rudick stated in an interview that Solana is the "ultimate winner in high-performance blockchains," emphasizing its advantages as a "second-generation high-performance blockchain," stating that the network not only has first-class performance achieved through new technologies such as parallel transaction processing, but also has accumulated strong network effects since its launch in 2020.
Rudick revealed that the company's business model aims to increase the per-SOL holding through a multi-value accumulation mechanism, mainly through value-added fundraising. Considering the stock trading price is higher than the book value, strong investor subscription intentions, and the widespread belief that the SOL price will rise in the long term (hence, increasing holdings in the near term is more advantageous), advancing this $100 million financing was a rational decision.
"Upexi aims to enhance shareholder value through prudent risk management," Rudick stated, "This means that we will not use excessive leverage, will not engage in on-chain speculative activities that may increase smart contract, liquidation, and regulatory risks, and will only select qualified custodians for diversified storage."
You may also like
Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...
Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin
TRON revitalizes the image of the bull, creating a more approachable brand character
Will the STRC issuance price discussed with ChatGPT really fall into a death spiral?
The foundation retreats, Ethlabs steps forward: Ethereum welcomes its largest restructuring in history
NYSE Parent ICE and OKX Launch Joint Venture: What It Means for Tokenized Stocks
ICE and OKX have announced a joint venture focused on tokenized stocks, but stock futures are already live across crypto markets. Here's what the partnership means, how stock futures work, and why traders are paying attention.
How to Trade Apple and Nvidia on a Crypto Exchange in 2026 (Without Buying Shares)
Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week
Kalshi's biggest competitor is not Polymarket
The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain
B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure
A company that was on the verge of bankruptcy has just surpassed Bitcoin in market value
The two giants are racing in "credit": loan balances of 9.9 billion vs 14.6 billion USD, Brazil has become the main battlefield
Rented Belief: How Much of the Bitcoin ETF Fund Flow is Real Money
On-chain finance: On-chain IPOs and on-chain ICOs, a new frontier in the trillion-dollar market
WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro
WEEX Makes Affiliate Access Easier on the Web and in the App
Customize Your Spot Trading Page: Drag Modules and Move the Order Panel Where You Want It
Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...
Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin
TRON revitalizes the image of the bull, creating a more approachable brand character
Will the STRC issuance price discussed with ChatGPT really fall into a death spiral?
The foundation retreats, Ethlabs steps forward: Ethereum welcomes its largest restructuring in history
NYSE Parent ICE and OKX Launch Joint Venture: What It Means for Tokenized Stocks
ICE and OKX have announced a joint venture focused on tokenized stocks, but stock futures are already live across crypto markets. Here's what the partnership means, how stock futures work, and why traders are paying attention.
