TechFlow News, May 13: According to Cointelegraph, Upexi, a Solana reserve company, reported a widened net loss of $109 million for the third fiscal quarter ended March 31, 2026, primarily due to an unrealized loss of $92.3 million on digital assets. As a result, its stock price fell 8.16% on Tuesday. During the same period, the company’s revenue increased 46% year-on-year to $4.6 million, driven mainly by crypto staking income. The financial report shows that Upexi holds 2.5 million SOL, valued at over $238 million—up 9% from the previous quarter—making it the second-largest publicly listed Solana reserve holder, after Forward Industries.
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