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I've been talking about this for quite some time now, and I even mentioned that these crypto treasury companies could actually end up triggering a bear market in crypto.

Very few are high-quality that I would touch. You'll notice I never bought this one despite everybody urging me too, anyhow it just fell over 60% in minutes on note of a private placement to buy SOL.

Upexi, Inc.'s (UPXI) registration statement for 43.8 million shares, related to a $10 million April private placement used to buy $SOL (a cryptocurrency), became effective after the market closed yesterday (June 23, 2025).

Although no new shares were issued, the stock dropped 60% today (June 24, 2025), likely due to investor concerns.

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