---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-007090"
form_type: "8-K"
ticker: "UPXI"
cik: "0001775194"
company_name: "UPEXI, INC."
filed_at: "2025-09-26T23:59:59+00:00"
generated_at: "2026-05-17T05:34:51.846100+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Upexi reports FY2025 revenue $15.8M, net loss $13.7M; Solana treasury up 174% to 2.0M SOL

## Summary
- Revenue $15.8M, gross profit $10.7M (67% margin), net loss $13.7M for FY ended June 30, 2025.
- Holds 2,018,419 SOL, up 174% from 735,692 at June 30; net asset value $433M, up 281% from $114M.
- Unrealized gain $128M (up from $9M); adjusted SOL per share $4.23, up 101% from $2.10.
- Substantially all SOL staked at ~8% yield, generating ~$100K daily revenue.
- CEO states focus on building leading Solana treasury company; shares outstanding 58.9M.

## SEC filing metadata
- accession: 0001477932-25-007090
- form_type: 8-K
- ticker: UPXI
- cik: 0001775194
- company_name: UPEXI, INC.
- filed_at: 2025-09-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775194/000147793225007090/0001477932-25-007090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775194/000147793225007090/upxi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-007090
- JSON: https://secwatch.observer/filing/0001477932-25-007090.json
- Plain text: https://secwatch.observer/filing/0001477932-25-007090.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.