Upexi stock falls after SEC filing to raise up to $1 billion for Solana treasury

Upexi shares declined on Tuesday after the company filed with the U.S. SEC to raise up to $1 billion, targeting expansion of its Solana treasury and related token initiatives. The stock closed down 7.5% at $1.84, then climbed 4.3% after-hours to $1.92, according to Google Finance. Upexi holds 2.1 million SOL valued about $262.3 million, per CoinGecko.