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Deep Tide TechFlow News, January 13, according to Cryptobriefing, SOL Treasury Company Upexi has signed a securities purchase agreement with Hivemind Capital Partners to issue $36 million in convertible notes backed by locked SOL tokens.
The transaction is expected to increase Upexi's SOL holdings by 12%, reaching over 2.4 million SOL, making it the second-largest corporate SOL holder after Forward Industries, which holds 6.9 million SOL.