According to CoinMarketCap, Upexi is seeking to raise up to $1 billion to expand its Solana SOL treasury, with the raise potentially comprising common and preferred stock, debt securities, warrants, and units issued over time (source: CoinMarketCap on X, Dec 24, 2025). The stated use of proceeds is to increase the company’s SOL holdings, and the source did not specify a timetable, pricing, or execution details (source: CoinMarketCap on X, Dec 24, 2025). For traders, the headline indicates planned treasury accumulation of SOL, with actual market impact dependent on subsequent issuance and deployment disclosures by the company (source: CoinMarketCap on X, Dec 24, 2025).