{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-004219","form_type":"8-K","ticker":"UPXI","cik":"0001775194","company_name":"UPEXI, INC.","filed_at":"2025-05-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.667509+00:00","generated_at":"2026-05-20T08:27:04.366947+00:00","sec_items":["1.01","2.03","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Upexi enters $20M credit facility with BitGo to buy locked SOL; now holds 679,677 SOL worth $121M","bullets":["Credit facility up to $20M at 11.5% interest, one-year term renewable; collateralized by treasury assets at BitGo at 260% initial margin.","Outstanding balance of $11.8M used to purchase 77,879 locked SOL at $151.50 each on May 27, 2025.","Total SOL holdings now 679,677, acquired for $96.5M and valued at $121.2M at $178.26, representing a $24.5M gain.","Purchase provides a built-in gain of $2.1M (17.7%) due to discount on locked tokens; 58% of SOL is locked and discounted.","CEO states strategy is to acquire and HODL SOL, effectively doubling staking yield for shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-004219","json":"https://secwatch.observer/filing/0001477932-25-004219.json","markdown":"https://secwatch.observer/filing/0001477932-25-004219.md","text":"https://secwatch.observer/filing/0001477932-25-004219.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775194/000147793225004219/0001477932-25-004219-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775194/000147793225004219/upxi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T08:27:04.366947+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d7e2bfb3be014612ced960d9bb767a98639590de","claim":"UPEXI, INC. incurred credit facility of up to $20,000,000 with BitGo Prime, LLC at 11.5% per year maturing one year.","evidence_excerpt":"On May 23, 2025, Upexi, Inc. (the “Company”), entered into a credit facility with BitGo Prime, LLC (“BitGo”). Pursuant to a Master Loan Agreement (the “Agreement”) the Company may borrow up to $20,000,000 of Digital Currency or United States Dollars with interest at the rate of 11.5% per year. The term of the credit facility is for one year and is renewable for successive one year options.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1775194/000147793225004219/0001477932-25-004219-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $20,000,000"},{"label":"Counterparty","value":"BitGo Prime, LLC"},{"label":"Rate","value":"11.5% per year"},{"label":"Maturity","value":"one year"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}