Upexi, Inc. Closes $50 Million Private Placement Equity Offering to Advance Cryptocurrency Strategy

Upexi, Inc. closed a $50 million equity offering for common stock to support its operations and cryptocurrency strategy.Quiver AI SummaryUpexi, Inc. announced the closing of a private placement equity offering, raising approximately $50 million through the sale of 12,457,186 shares of common stock at $4.00 each, with a higher price for management and board participants. The proceeds will cover placement agent fees, general working capital, and ad