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Upexi Doubles Down on Solana: Snaps Up 83K SOL ($1.9M) in Bold Crypto Bet
Upexi Doubles Down on Solana: Snaps Up 83K SOL ($1.9M) in Bold Crypto Bet
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Another corporate player dives headfirst into crypto—this time with a seven-figure Solana grab.
Upexi just dropped $1.9 million on 83,000 SOL tokens, signaling either visionary foresight or reckless FOMO. The move comes as institutional crypto holdings hit record highs—because nothing says 'hedge against inflation' like volatile digital assets.
Solana’s recent network upgrades might’ve sweetened the deal, but let’s be real: this reeks of treasury diversification theater. Still, props for avoiding the 'stablecoin parking lot' strategy favored by risk-averse CFOs.
One thing’s certain: that cold wallet’s looking hotter by the minute.
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